ZSE Trades Decrease But Turnover Surges In The First Quarter

By Alvine Chaparadza

Zimbabwe Stock Exchange (ZSE) witnessed a tumbling of the volume of shares traded in the first quarter to 297 386 164 compared to a similar period last year. However, the value of shares traded for the first quarter surged by as much as 204% to $144 555 983 comparable to the first quarter of 2017.

The highlight of the volume of trade data is that foreigners are still bullish about Zimbabwe’s prospects as they have bought more than they sold in the first quarter. The ‘Zimbabwe is open for business’ narrative seem to be the key in urging foreign …read more

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