Market concentration hangs heavy on ZSE. . . as foreigners sell ZiG535m shares

The ZSE, which trades in the local currency, is facing limited liquidity, further impacting equitable trading across the market. Stocks with better liquidity, such as Econet and Delta, have dominated trading activities.

TRADING on the Zimbabwe Stock Exchange (ZSE) remains concentrated among a few blue-chip counters, exposing the market to structural risks as investors tread cautiously amid market uncertainties.This comes as the country’s primary bourse faces an unpredictable outlook marked by the recent spate of de-listings, the inability to attract new listings, and erosion of stocks’ price…

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