Local bourse performance on free fall

PERFORMANCE of the Zimbabwe Stock Exchange (ZSE) continues on a downward path since the beginning of the year due to economic challenges in the economy that have affected many listed counters.

The market capitalisation for the ZSE declined by $1,7 billion to $3,5 billion in August this year compared to the same period in August 2014 where it stood at $5,2 billion.

Market capitalisation for the local bourse took off at $4,36 billion in January 2015 and by the end of August, stood at $3,55 billion, showing a decline of $810 000 in terms of value.

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