BSE biggest movers

The market stays stable

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The past year has seen a significant reshuffling of the leaderboards, with retail and banking sectors taking the center stage.

Company

Ticker

Yearly Return

Why It Gained

Choppies Enterprises

CHOP

+265.4%

A massive recovery fueled by the strategic exit from loss-making markets (Zimbabwe/South Africa) and a return to profitability in its core Botswana and Namibia segments.

BBS Bank

BBS

+40.0%

Investor confidence surged following its transition to a full commercial bank and a subsequent 40% jump in share price as it stabilized operations.

BTCL

BTCL

+27.4%

Driven by a 57% jump in profit after tax and a successful strategic pivot from copper to high-speed fiber infrastructure.

Standard Chartered

SCBB

+24.8%

Benefited from a 29% growth in wealth management solutions and strong cross-border corporate banking performance.

Sechaba Brewery

SECH

+18.7%

Strong consumer demand and stable dividend payouts continue to make this a defensive favorite for local institutions.

CA Sales Holdings

CAS

+17.9%

Robust organic growth across its Southern African distribution network and increased trading volume.

Sefalana Holding

SEF

+12.8%

Consistent performance in the FMCG sector and successful expansion into neighboring regional markets.

Absa Bank Botswana

ABBL

+9.3%

Supported by solid interest income and a healthy recovery in its retail loan book.

Chobe Holdings

CHOB

+6.6%

A steady rebound in the tourism sector as high-end travel volumes returned to pre-pandemic levels.

FNBB

FNBB

+6.4%

Despite being the most traded stock by value, its large market cap led to steady, rather than explosive, growth.

Olympia Capital

OCCL

+3.7%

Gains linked to restructuring efforts and niche industrial demand.

Letlole La Rona

LLR

+3.4%

Performance driven by a resilient industrial property portfolio and high occupancy rates.

Primetime Property

PTPH

+2.5%

Benefit from stable rental yields in its diversified property portfolio across Botswana and Zambia.

BIHL

BIHL

+2.3%

Modest gains as the insurance giant navigated a competitive life insurance market and fluctuating investment income.

New African Prop.

NAP

+1.5%

Stable returns supported by a strong retail-focused property portfolio (mainly malls).

Engen Botswana

ENG

+0.8%

Hovering near flat due to global oil price volatility affecting local margins.

Weekly Gainers: Who Moved This Week?

While the yearly view shows long-term strategy, the weekly view highlights current market sentiment.

  • Choppies Enterprises (CHOP): Remained active this week as investors continued to react to its turnaround narrative. It remains the "hot" stock of the season.

  • BTCL: Saw continued interest following the announcement of its interim dividend of 5.15 thebe per share, attracting yield-seeking investors.

  • BBS Bank: Maintains momentum as it settles into its new identity as a commercial entity, with local individual investors showing increased interest.

Source: simplywallst