CFI Holdings gained 5 720 percent on the Zimbabwe Stock Exchange (ZSE) on Tuesday to close at $41,12 in its first trades since 2018, following the lifting of its suspension on the market last week.
The counter’s year-to-date gains are now the third highest on the bourse, after Unifreight and GetBucks ― 18 700 percent and 6 700 percent respectively.
Trading in the securities of CFI was suspended on January 02, 2018 for failure to comply with the free float requirements and some corporate governance related matters under the ZSE listing requirements.
“The ZSE is satisfied that CFI has regularised its corporate governance shortcomings as required under the listing requirements,” ZSE chief executive Justin Bgoni said in a statement las
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.