Foreign investors dominate bourse

From Economic Views from Zimbabwe Wed May 7 2014, 14:26:00

Foreign investors dominate bourse

Foreign investor activity on the Zimbabwe Stock Exchange increased in the first four months of the year with over a billion shares changing hands despite the total market value taking a knock. According to latest statistics from ZSE 1,1 billion shares valued at $170 million were traded between January and April this year.

Transactions completed during the first four months of this year compare favourably to last year when turnover came in at about $144 million while volumes traded were under a billion, at 717,7 million.

Foreign shareholders accounted for a total of 437 million of shares bought, 283,7 million of the shares sold and $111,5 million of turnover from buyers and $74,5 million of sellers turnover.

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