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BSE biggest movers
Choppies, CA Sales, New African Properties, the only gainers on the weekly return
Good morning, let’s get into it!
The Botswana Stock Exchange continues to show resilience, with several companies delivering impressive returns despite a challenging economic backdrop. Here’s a look at which stocks have led the charge — and which ones are starting to show short-term momentum.
Top Performers (1-Year Return)
1. CA Sales Holdings (CAS-EQO) — +41.5%
CA Sales continues to shine as the best-performing stock on the Botswana Stock Exchange. The company’s strong regional expansion and consistent earnings have rewarded shareholders handsomely this year.
2. Choppies Enterprises (CHOP-EQO) — +36.5%
Once struggling, Choppies has made a remarkable turnaround. The retail chain’s improving financial performance and strategic repositioning have driven a strong 36.5% surge in share price.
3. Standard Chartered Bank Botswana (SCBB-EQO) — +24.1%
A strong recovery in banking performance has boosted SCBB shares this year, with the bank showing one of the most impressive rebounds in profitability.
4. Sechaba Brewery Holdings (SECH-EQO) — +15.6%
Sechaba remains a favorite among dividend investors, benefiting from resilient consumer demand and steady profits.
5. Sefalana Holdings (SEF-EQO) — +11.1%
Sefalana’s consistent growth across its retail and wholesale operations continues to support long-term shareholder value.
6. First National Bank of Botswana (FNBB-EQO) — +9.9%
FNBB’s stability and strong dividend history make it a steady performer, posting close to double-digit gains this year.
7. Absa Bank Botswana (ABBL-EQO) — +9.6%
Absa continues to benefit from strong credit growth and improved profitability, maintaining investor confidence.
8. Botswana Telecommunications (BTCL-EQO) — +9.4%
BTCL’s renewed focus on digital infrastructure and broadband services has kept it among the year’s gainers.
9. Botswana Insurance Holdings (BIHL-EQO) — +7.8%
BIHL’s solid portfolio performance and diversified investments have yielded consistent returns.
10. Turnstar Holdings (TURN-EQU) — +7.6%
The real estate investment firm has seen steady recovery in occupancy and rental yields.
11. Chobe Holdings (CHOB-EQO) — +7.4%
Tourism’s gradual recovery continues to benefit Chobe Holdings, though growth remains moderate.
12. Engen Botswana (ENG-EQO) — +5.9%
Engen’s performance has been moderate, reflecting stable operations in the fuel sector.
13. Letlole La Rona (LLR-EQU) — +3.4%
The property stock remains relatively stable, with modest appreciation supported by strong rental income streams.
14. New African Properties (NAP-EQU) — +1.5%
The property company’s returns were modest, but it remains a reliable dividend payer.
15. Letshego Holdings (LETS-EQO) — -8.7%
Letshego was the weakest performer on the list, facing pressure from tighter lending conditions and investor caution.
Weekly Gainers (7-Day Return)
Short-term movements show a few notable upticks:
Choppies Enterprises (CHOP-EQO) — +1.4%
Continues its upward momentum following strong yearly gains.CA Sales Holdings (CAS-EQO) — +0.4%
The top annual performer still shows weekly resilience.New African Properties (NAP-EQU) — +0.2%
A small but positive move in a stable real estate market. Takeaway
The consumer and banking sectors remain the most consistent performers on the Botswana Stock Exchange, with CA Sales, Choppies, and Standard Chartered leading the pack.
Investors seeking stability and dividends still favor the likes of FNBB, Absa, and Sefalana, while property and telecom stocks maintain steady, moderate returns.
Source: simplywallst