THE total value of shares traded on the Zimbabwe Stock Exchange (ZSE) during the second quarter of the year (Q2) was $34,55 billion, a 201,7 percent increase compared to prior year, a financial service firm has said.
In its second quarter report released on Monday, Old Mutual Securities (Omsec) said foreign investors were net sellers of $4,42 billion worth of equities on the ZSE and accounted for 9,91 percent of total trades.
“ZSE liquidity dropped sharply to 1,2 percent compared to 25,6 percent in Q2 2021. Trading on the Victoria Falls Stock Exchange (VFEX) in the period under review improved significantly relative to the same period in 2021 with a total of 23,99 million shares worth US$3,19 million changing hands compared to 119 982 shares worth US$28 981.74. Padenga and Bindura remain the most liquid stocks in this market,” said
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