VFEX, ZSE gains mask liquidity risks
THE local equities markets have posted strong year-to-date gains supported by improved macroeconomic conditions and renewed investor interest. According to FBC Securities’ August monthly market report, both the Zimbabwe Stock Exchange (ZSE) and Victoria Falls Stock Exchange (VFEX) remained bullish despite thin liquidity and concentration of trading activity in a few counters. The VFEX All…
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