Good morning, let’s get into it!
1. Top Gainers (+10% and Above)
Choppies Enterprises (
CHOP-EQO) — +112.9% | P1.49Driver: Rebounding after extensive debt restructuring, regional portfolio expansion, and strong sales growth across its retail network following the integration of Kamoso Group assets.
Botswana Telecommunications Corporation (
BTCL-EQO) — +25.9% | P1.46Driver: Strong growth in high-margin enterprise data and mobile internet services, paired with steady dividend payouts.
PrimeTime Property Holdings (
PTPH-EQU) — +18.0% | P1.90Driver: Improved occupancy rates across key commercial and retail assets, driving positive cash flows and property valuations.
2. Moderate Performers (+1% to +9.9%)
Sechaba Brewery Holdings (
SECH-EQO) — +9.4% | P40.50Driver: Resilient beverage demand and strong pricing power mitigating input inflation.
RDC Properties (
RDCP-EQU) — +8.3% | P2.60Driver: Portfolio diversification across regional property markets providing stable rental income streams.
First National Bank of Botswana (
FNBB-EQO) — +6.7% | P5.70Driver: High net interest margins, solid digital banking migration, and stable credit quality.
Sefalana Holding (
SEF-EQO) — +6.7% | P16.00Driver: Consistent sales performance in FMCG wholesale and retail across regional operations.
CA Sales Holdings (
CAS-EQO) — +6.4% | P14.15Driver: Steady volume movement across fast-moving consumer goods distribution networks in Southern Africa.
Chobe Holdings (
CHOB-EQO) — +6.2% | P18.65Driver: Continued post-pandemic recovery in eco-tourism, high lodge occupancy, and premium room rates.
Absa Bank Botswana (
ABBL-EQO) — +4.0% | P7.80Driver: Modest credit growth and increased non-interest income from transaction fees.
Olympia Capital (
OCCL-EQO) — +3.7% | P0.28Driver: Low-volume trading with slight upside driven by localized manufacturing demand.
Botswana Insurance Holdings (
BIHL-EQO) — +3.2% | P23.75Driver: Steady premium income from life insurance and wealth management assets under management.
Standard Chartered Bank Botswana (
SCBB-EQO) — +0.8% | P8.76Driver: Conservative balance sheet growth keeping overall returns modest.
New African Properties (
NAP-EQU) — +0.5% | P4.06Driver: High retail tenant retention providing stable but capped upside potential.
3. Flat / Unchanged (0.0% Annual Return)
Engen Botswana (
ENG-EQO) — P14.25Access Bank Botswana (
ACC-EQO) — P2.04Seed Co International (
SEED-EQO) — P3.50Far Property Company (
FPC-EQU) — P1.80Letlole La Rona (
LLR-EQU) — P3.05BBS Bank (
BBS-EQO) — P0.70Shumba Energy (
SHUM-EQO) — P0.90Minergy (
MIN-EQO) — P0.40Driver: Low trading liquidity on the exchange, offset by balanced operational performance or ongoing capital restructuring that keeps market valuation flat.
4. Decliners (Negative Returns)
Cresta Marakanelo (
CRE-EQO) — -8.6% | P1.17Driver: Higher operating costs, margin pressure in corporate hospitality, and reduced leisure spend.
Turnstar Holdings (
TURN-EQU) — -8.8% | P2.06Driver: Headwinds in select commercial property segments and currency volatility in regional operations.
G4S Botswana (
G4S-EQO) — -9.0% | P0.91Driver: Rising wage and fuel costs alongside tighter margins in traditional security services.
Letshego Africa Holdings (
LETS-EQO) — -19.0% | P0.85Driver: High credit impairment provisions across pan-African consumer lending markets and currency headwinds in key operating territories.
Source: simplywallst

