Pfuma REIT begins VFEX trading

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.

PFUMA Real Estate Investment Trust (REIT) commenced trading on the Victoria Falls Stock Exchange (VFEX) this week, Monday, emerging 40 percent stronger by the close of the session as investor sentiment towards property-backed stocks is being reaffirmed. With an opening price of 10 US cents, Pfuma REIT closed its inaugural trading session at 14 US…

Subscribe to read full article. Subscribe today

Related posts

New valuation rule lifts VFEX market cap

Star Africa revenue jumps 31pct

BYD, Tsapo launch new hybrid SUV

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