Omega Ukama 
14
THE Zimbabwe Stock Exchange (ZSE) last week dipped below its lowest level this year as the market’s losses persisted.
Advertisements
The benchmark All Share Index saw its first year-to-date loss since 2022 on Thursday when it closed at 10 727,53 points, down from its January opening level of 10 997,06 points.
The market’s losing streak stretched to four months in August, as it lost $340 billion to close with a capitalisation of $1,72 trillion.
The market had trended upwards since 2016, with inflation — driven mostly by currency ambiguity — pushing demand for stocks and other non-cash investments.
Subscribe to The Financial Gazette
This is premium content. Subscribe to read article.
Login if you have purchased
