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Home » NatFoods steady in early VFEX trading

NatFoods steady in early VFEX trading

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SHARES in National Foods Holdings (NatFoods) have gained 0,2 percent on the Victoria Falls Stock Exchange (VFEX) since it began trading on the US dollar-denominated market on December 23, 2022.
This is a steady start compared to other issuers that have recently migrated from the Zimbabwe Stock Exchange (ZSE).
Simbisa Brands, which joined the exchange earlier in December, lost 16 percent in its first week of trading, while Padenga Holdings, which joined in July 2021, lost 47 percent in its first two weeks.

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NatFoods says it sees the VFEX as an avenue to raise funds for future expansion.

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