THE Victoria Falls Stock Exchange (VFEX) extended its bull run in the nine months to September 30, 2025 driven by increased US dollar liquidity, record high gold prices and improved earnings from listed counters. The favourable market conditions have contributed to improved investor confidence and activity, resulting in augmented trading volumes. In its third quarter…
VFEX rallies on USD liquidity gains
The trade-count on the VFEX grew from 1 482 trades in January to 3 379 in June, a 128 percent increase. The ZSE recorded 2 347 trades in January and 2 436 in June, reflecting little overall movement, although trading activity dipped to 1 953 trades in April. The VFEX began the year with 865 fewer trades than the ZSE but ended June with 943 more trades than its counterpart.