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The yearly performance shows a significant spread, with retail and telecommunications leading the pack, while some specialized service and property firms struggled.

Ticker

Company

1Y Return

Context & Drivers

CHOP-EQO

Choppies Enterprises

+177.8%

Despite recent profit strains due to diamond market slumps and pula devaluation, the stock has seen a massive recovery from previous lows.

BTCL-EQO

Botswana Telecommunications

+37.7%

Growth driven by steady demand for data and digital services as the company modernizes its delivery models.

CAS-EQO

CA Sales Holdings

+17.9%

Bolstered by its expansion into East Africa and successful onboarding of new global and local brand partners.

SECH-EQO

Sechaba Brewery Holdings

+12.1%

Benefited from consistent consumer demand in the beverage sector.

FNBB-EQO

First National Bank of Botswana

+9.6%

Outperformed the local banking industry average, supported by strong non-interest income.

ABBL-EQO

Absa Bank Botswana

+7.6%

Experienced marginal profit dips due to rising costs, but maintained growth through strong trading income.

SEF-EQO

Sefalana Holding

+6.7%

Steady performance in the diversified retail and wholesale sector.

RDCP-EQU

RDC Properties

+6.3%

Moderate growth within the property portfolio.

BBS-EQO

BBS Bank

+6.1%

Supported by its transition into full commercial banking services.

CHOB-EQO

Chobe Holdings

+5.9%

Earnings have grown significantly over the long term, though current hospitality returns are underperforming the wider industry.

SCBB-EQO

Standard Chartered Bank

+5.3%

Steady returns despite a tightening liquidity environment.

OCCL-EQO

Olympia Capital

+3.7%

Marginal gains in the investment holding space.

LLR-EQU

Letlole La Rona

+3.4%

Stable performance from industrial and commercial property assets.

PTPH-EQU

Primetime Property Holdings

+2.5%

Positive but limited growth in the real estate sector.

BIHL-EQO

Botswana Insurance Holdings

+2.2%

Maintained steady performance as a leading financial services group.

NAP-EQU

New African Properties

+1.2%

Minimal gain, reflecting a cautious retail property market.

The Laggards: Yearly Declines

  • CRE-EQO (Cresta Marakanelo): -8.6%

    While the company has seen operational improvements post-pandemic, the stock has faced downward pressure, likely due to high operational costs and lease obligations.

  • TURN-EQU (Turnstar Holdings): -8.8%

    Faced headwinds in the property rental market.

  • G4S-EQO (G4S Botswana): -9.0%

    Profits were significantly impacted by a 23.5% statutory wage hike and high impairment losses on financial assets.

  • LETS-EQO (Letshego Africa Holdings): -19.0%

    The biggest decliner is struggling with regional currency volatility and tightening credit conditions.

Weekly Spotlight: The Short-Term Winner

While most stocks remained flat over the last seven days, First National Bank of Botswana (FNBB-EQO) was the standout, gaining 0.5% on its weekly return. This uptick reflects continued investor confidence in the bank's resilient balance sheet and its ability to outperform industry peers.

Source: simplywallst

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