Victoria Falls Stock Exchange gains 8 pct in Q2

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THE Victoria Falls Stock Exchange’s (VFEX) All Share index gained 7,72 percent to 115,4 points during the second quarter ending June 30, 2022 from 107,1 points the previous quarter, the Reserve Bank of Zimbabwe (RBZ) has said.
Presenting the mid-term monetary policy recently, RBZ governor John Mangudya said during the second quarter of 2022, the VFEX traded in a positive trajectory as investors take positions on the exchange, which trades in hard currency.

“Reflecting the positive sentiments on the VFEX, market capitalisation increased by US$19,59 million or 7,72 percent during the second quarter, from US$0,25 billion recorded in the previous quarter to US$0,27 billion,” Mangudya said.