TUROVER on the Zimbabwe Stock Exchange (ZSE) was up by 14 percent to $4,5 billion in June as demand for stocks persisted amid high inflation.
Though inflation has been declining since the Reserve Bank of Zimbabwe introduced weekly currency auctions last June, it remains high at 106 percent for June.
The ZSE All Share Index gained 14 percent during the month to close at 6 194,88 points, while market capitalisation ended at $759 billion.
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The exchange has continued to rally despite concerns that it is now overvalued, and sustained stability within the economy, which saw its second episode of hyperinflation in a decade last year, when inflation peaked at 836 p
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