Markets

Cresta and Letshego only movers during the week

The second half reporting season is almost reaching an end with most companies having published their results. The results so far have been largely in line with expectations with the only surprise…

Domestic Equities: Chobe the biggest mover…

Tourism operator Chobe was the biggest mover during the week under review, powering on 6.6% of its value to end the week at a 52 week high of 901 thebe. The tourism…

Massive NAP deal sees P456.45 million exchange hands

The three day week that followed the President’s Day and Public Holiday, was the shortest week on the exchange for the year, but managed to deliver the biggest deal of the year,…

Volumes remain subdued at the BSE

Activity at the local bourse remained subdued with only 9.78 million shares worth P18.9 million traded during the week. Turnstar was the most active counter with over 4 million shares exchanging hands,…

Tight liquidity conditions sets in the market

Tight liquidity conditions prevailed in the market with thin trades across the board during the greater part of the week. A small relief came on Friday after Primetime, Choppies and BIHL traded…

Property counters cruising on the upside

Sechaba was the major highlight of the week after trading 3.6mn shares worth P73.4mn on a single trading session. Sechaba is now the most liquid stock on the local bourse and so…