ZSE, VFEX extend bull run

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 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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