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The proportion of foreign purchases on the Zimbabwe Stock Exchange (ZSE) rose to 9,5% signifying good returns on the local bourse as all the ten indices recorded growth, Reserve Bank of Zimbabwe (RBZ) latest data has reviewed. The report which covers the period of March 2022 says the proportion of foreign purchases to the value…
Over $500 billion was wiped off the Zimbabwe Stock Exchange (ZSE) as the market retreated further into the red during the week to Wednesday
HARARE - Over $500 billion was wiped off the Zimbabwe Stock Exchange (ZSE) as the market retreated further into the red during the week to Wednesday, March 11, 2022, latest data shows. Apparently, the market reacted partly to pronouncements by President Mnangagwa on planned Government measures to defend further depreciation of the Zimbabwe dollar and…
ZSE on growth trajectory The Zimbabwe Stock Exchange (ZSE) maintained its growth trajectory spurred by firming demand in selected counters. During the week to Wednesday, the primary indicator, the ZSE All Share Index, rose 4,05 percent to 4 592 points from 4 414 recorded in the previous week. The ZSE Top 10 Index went up 4,2 percent to close at 2 646 points while the ZSE Top 15 jumped 3,8 percent to 3 009 points. At 11 110 points, the Medium Cap was 4 percent above prior week level. The Small Cap was the only indicator to close pointing southwards after letting go 2 percent to 43 271, althoug...