Zimbabwe: Karo to list first bond on VFEX
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Plans initiated by Karo Mining Holdings (KMH) are underway to list a first-of-its-kind US dollar fixed income instrument on the Victoria Falls Stock Exchange.
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 |
Plans initiated by Karo Mining Holdings (KMH) are underway to list a first-of-its-kind US dollar fixed income instrument on the Victoria Falls Stock Exchange.
The Victoria Falls Stock Exchange (VFEX) market capitalisation jumped 37,7 percent to US$475,25 million since the listing of Nedbank Group Limited’s Depository Receipts in November and Simbisa Brands shares at the beginning of December.
NEDBANK Zimbabwe will this Friday officially list on the Victoria Falls Stock Exchange (VFEX) becoming the first financial institution to trade stock at the foreign currency-denominated bourse.
Fast food retailer, Simbisa Brands Limited (ZSE:SIM) will trade its shares for the last time on the Zimbabwe Stock Exchange (ZSE) this Friday to pave way for its delisting and subsequent migration to the Victoria Falls Stock Exchange (VFEX).