Good morning
Firstly, let me apologize for not sending any article on Friday. I had to take my uncle to the hospital early morning, and it took longer than I expected. Even the previous night, when I prepared them sometimes, I was extremely tired, and my body was aching. But now we’re back, let’s get into it!
Top Performers: The 1-Year Growth Leaders
The past year has seen a massive divergence in performance across the local exchange. Here is how the top players ranked by their annual returns:
The Bottom Tier: Struggling for Momentum
At the other end of the spectrum, several companies have faced a "perfect storm" of rising costs and regulatory shifts:
G4S Botswana (-62.9%): The steepest decline on the board. The company has struggled with three consecutive years of losses, citing inflationary cost pressures and increased competition from citizen-owned firms favored by new procurement rules.
Letshego (-21.7%): Once a market darling, Letshego has faced pressure due to a shift in the micro-finance landscape and a recent dip into negative earnings territory.
Cresta Marakanelo (-7.1%): The hospitality group is still navigating the tail-end of a recovery period, with returns slightly dampened by operational costs.
Weekly Spotlight: The 7-Day Movers
While most of the market remained flat this week (0% change), two companies saw notable movement:
Biggest Weekly Gainer: None (Majority of the market remained stagnant at 0% change).
Biggest Weekly Loser: Choppies (CHOP) saw a dip of -5.3% over the last seven days. This is likely a period of profit-taking by investors following its massive triple-digit run over the last year.
source: simplywallst
