ZECO Holdings (Zeco)’s stock last week gained on the Zimbabwe Stock Exchange for the first time since November 2015, rising by 50 percent to settle at $0,0003.
The engineering company is the least valuable on the exchange with a market capitalisation of $139 001.
It is also the least frequently traded counter on the local bourse. Last week’s trade was only its sixth since November 2015. Most stocks on the exchange trade more frequently in a week.
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Phillip Chiyangwa, ZECO’s chairman
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