FOREIGNERS’ activity on the Zimbabwe Stock Exchange (ZSE) continues to be skewed towards sales as the migration of issuers to a US dollar-denominated market — the Victoria Falls Stock Exchange (VFEX) — intensifies.
In January, foreigners were net sellers of shares worth $2,85 billion, according to official data. They sold shares worth $3,68 billion but only bought scrip worth $830 million.
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Justin-Bgoni
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