ZSE gains $117bln in January trades

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THE Zimbabwe Stock Exchange (ZSE) recovered from early losses in January to gain 35 percent, closing the month ZWL$117 billion (US$1,43 billion) firmer with a capitalisation of ZWL$435 billion. On the surface, the gains seem odd coming against a backdrop of a stable currency, with recent bull runs having been fuelled by inflation. Analysts, however,…