THE Victoria Falls Stock Exchange (VFEX) expects to secure four new listings during the second half of this year, signalling strong investor confidence in the market. The exchange has increasingly gained traction as an offshore investment centre over the past three years by attracting both local and foreign listings despite a slow start following its…
VFEX eyes four new listings
The trade-count on the VFEX grew from 1 482 trades in January to 3 379 in June, a 128 percent increase. The ZSE recorded 2 347 trades in January and 2 436 in June, reflecting little overall movement, although trading activity dipped to 1 953 trades in April. The VFEX began the year with 865 fewer trades than the ZSE but ended June with 943 more trades than its counterpart.