Padenga sheds 47pct in early VFEX trades

PADENGA Holdings (Padenga) lost 47 percent in early trades on the Victoria Falls Stock Exchange (VFEX), to close Tuesday at US$0,19. Shares of the crocodile skins processor started trading on the recently launched exchange last Monday at US$0,36 after it migrated from the ZWL$-denominated Zimbabwe Stock Exchange, a move management hopes will improve the company’s…

Subscribe to read full article. Subscribe today

Related posts

RioZim seeks nod for turnaround plan

New offerings lift Old Mutual Zimbabwe earnings

Fastjet toasts to tourism sector fee cuts

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Read More