FBC sees spinoffs out of capital markets downturn

CAPITAL markets advisory firm, FBC Securities says it sees positive spinoffs from the current bearish market on the Zimbabwe Stock Exchange (ZSE) if investors make strategic decisions.

In an assessment of November capital markets trends, FBC Securities on Tuesday said that the downturn presented opportunities for investors to buy stocks at discounted prices.

It has been a difficult year for Zimbabwe’s capital markets, which have struggled under a tight liquidity regime after government in May announced tough monetary policy measures to stem volatilities.

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