Equities market poised for gains

For Zimbabwe, securing a place in the MSCI framework could raise the profile of the ZSE and VFEX, potentially improving foreign investor participation and liquidity after years of subdued offshore participation.

LOCAL equities should ride on the growth momentum realised last year, driven by sustained macro-economic stability, increased foreign currency adoption and improved sentiment, market analysts have said. While the Zimbabwe Stock Exchange (ZSE) remains susceptible to tight liquidity conditions, the prolonged ZiG stability presents reasonable ground for investors to stake their local currency quoted stocks.…

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