- Pow Rocket Press
- Posts
- Botswana Stock Exchange bigger than the country's GDP
Botswana Stock Exchange bigger than the country's GDP
Check this out
![](https://media0.giphy.com/media/JtBZm3Getg3dqxK0zP/giphy-downsized.gif?cid=2450ec30pzbqmajjioxu3xmrch0tl1v2oujkcgrtf0fqd4fd&ep=v1_gifs_search&rid=giphy-downsized.gif&ct=g)
Did you know that BSE is bigger than its GDP, its Gross Domestic Product is around $19 billion in 2024 [tradingeconomics.com ] but its market cap in the local stock market is $47.66 billion,
Quick Facts:
• Launched in 1989 in Gaborone, Botswana
• Ranks as Southern Africa's 3rd largest stock exchange
• Impressive 24% average return over the last decade 📈
• Current market cap: BWP 635 billion
Why You Should Pay Attention:
• Perfect gateway for African market exposure
• Strong regulatory framework protecting investors
• Tracks both local companies (BSE Domestic Index) and international firms (BSE Foreign Index)
• Known for market stability and transparency
Latest Market Pulse (Nov 4, 2024):
• Trading Volume: 40,853 shares
• Total Deals: 22
• Market Value: BWP 9.6 million
• Notable: While volume and turnover dipped from last Friday, deal activity jumped 144% 📊
Pro Tip: The BSE offers a modern, regulated platform for those looking to diversify their portfolio with African market exposure. Its strong performance history makes it worth considering for young investors planning their long-term investment strategy. [African’xchanges.com ]