Zimbabwe Stock Exchange profit slides 50 percent
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The Zimbabwe Stock Exchange Limited’s profit for the year to December 31 went down 50 percent to $3,2 million compared to $4,8 million recorded in the prior year on challenging business environment.
1M | 3M | YTD | 1Y | 2Y |
+70.93% | +92.24% | -99.91% | -99.86% | -98.83% |
Value Traded (ZiG) 27,579,194.49 |
Volume 6,937,500 |
Transactions 0 |
Market Cap. (Millions ZiG) 59,848.36 |
The Zimbabwe Stock Exchange Limited’s profit for the year to December 31 went down 50 percent to $3,2 million compared to $4,8 million recorded in the prior year on challenging business environment.
THE government is considering reopening the Zimbabwe Stock Exchange (ZSE) whose operations were suspended last month as part of efforts to stop the continued slide of the Zimbabwe dollar.
ZIMBABWE Stock Exchange (ZSE) has formally notified its stakeholders that trading has been suspended as a matter of urgency following a ban order by the central bank after recent allegations of economic sabotage by authorities.
Meikles Limited (ZSE:MEIK) says it has agreed to sell-off its flagship Meikles Hotel to ASB Hospitality Zimbabwe, a subsidiary of the Dubai based Albwardy Investment for US$20 million.