Mishma Chakanyuka, Staff Writer 
RESEARCH firm FBC Securities anticipates moderate gains for the Zimbabwe Stock Exchange (ZSE) as the year draws to a close, driven by selective buying in sectors expected to perform well despite ongoing economic challenges.
In its monthly stockpick report, FBC Securities pointed to consumer staples and export-oriented industries as key “defensive counters” likely to perform better in the current economic climate.
“Investors should, however, remain cautious and consider sector-specific opportunities while monitoring macroeconomic developments closely,” FBC Securities advised.
The firm highlighted that while the domestic economy remains on a growth trajectory, this growth is expected to slow to 2 percent in 2024.
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