Astra Industries to delist from Zimbabwe Stock Exchange

ASTRA Industries plans to delist from the Zimbabwe Stock Exchange (ZSE) this year as it is not compliant with the bourse’s rules on shareholding.
1M | 3M | YTD | 1Y | 2Y |
+4.30% | +7.17% | -5.46% | +3.82% | -99.82% |
Value Traded (ZiG) 4,896,108.48 |
Volume 25,857,337 |
Transactions 103 |
Market Cap. (Millions ZiG) 66,243.68 |
ASTRA Industries plans to delist from the Zimbabwe Stock Exchange (ZSE) this year as it is not compliant with the bourse’s rules on shareholding.
THE Zimbabwe Stock Exchange is targeting a go-live date on its automation project of June 19 but it will next week relocate from the central business district to Ballantyne Park, a move which could create logistical challenges for stockbrokers and block out inquiries from walk-in investors.
The Zimbabwe Stock Exchange is now a fully fledged private company following the completion of the company registration process. The company is owned by Government and stockbrokers under a 32-68 shareholding structure.
The shares of ABC Holdings and TA Holdings have been delisted from the Zimbabwe Stock Exchange following their respective take overs by Atlas Mara and Masawara Plc.