Chemco Holdings News Today : Breaking News, Live Updates & Top Stories | Vimarsana

IN the face of weakening economic fundamentals in Zimbabwe, the Zimbabwe Stock Exchange (ZSE) has proved a safe haven for investors with the ZSE All Share Index surging 1046% in 2020. This has been carried over into 2021 as the local bourse sustained rallying momentum in the first week of February along with global shares, as the ZSE All Share Index edged 11,43% to close at an all-time-high of 4012,47 points. In 2021 so far, the market is up by over 55%, thanks to the second best January performance in a decade.
However, the past 24 months have seen no brand new listings of companies and an increase in the number of delistings. The pressures of Covid-19, the contraction of the economy by 4,1% in 2020, government interference with capital markets, high listing costs and a poor operating environment are some of the reasons ZSE listed firms have sought delisting. Furthermore, local companies have been pushed into amalgamations, unbundling and the pursuit of listings on alternativ ....

United States , South Africa , Zimbabwe General , Victoria Falls , Matabeleland North , Samuel Matsekete , Seedco International Limited , Wpg Holdings , Victoria Falls Stock Exchange , Seed Co , Interfresh Holdings , Chemco Holdings , African Banking Corporation , Seed Co Limited , Lifestyle Holdings , Zimre Holdings , Johannesburg Stock Exchange , Seed Co International , Adastra Holdings , Zimbabwe Stock Exchange , Share Index , Old Mutual , Stock Exchange , Equity Axis , Falcon Gold , Trust Holdings ,