Business

Chengetedzai platform breaches $1 trillion mark

NewsDay Staff ·

Chengetedzai platform breaches $1 trillion mark

THE Chengetedzai Securities Depository (CSD) started the year on a positive note with securities registered on the platform breaching the $1 trillion mark in the month of January 2023.

During the period, the securities registered on the platform accounted for 41,65% of the total market capitalisation for dematerialised shares.

Dematerialisation is the process of converting physical certificates to a form of electronic record for stock transactions.

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