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…

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