ZSE, VFEX extend bull run

VFEX market capitalisation increased from about US$2,1 bil­lion to US$3,7 billion following the listing of Econet InfraCo.

LOCAL equities continued their rally in May driven by strong investor demand amid improving macroeconomic stability and corporate earnings expectations. Both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) have had a good start to the year as investors target companies with strong business fundamentals. According to investment an­alysts, FBC Securities,…

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