Business / Companies
ZSE breaches $10 billion
17 May 2018 at 14:34hrs |
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THE Zimbabwe Stock Exchange's recovery continued this week with the market capitalisation breaching $10 billion for the first time this year.
The market capitalisation previously reached $10 billion for the first time since the 2009 dollarisation in September last year spurred by a bullrun that pushed the market to a peak value of $15 billion in November last year.
The market capitalisation has been below the $10 billion mark since early December last year.
On Tuesday, the market capitalisation closed above the $10 billion mark for the first time since the beginning of the year at $10,004 billion, reaching its highest level so far this year.
The market capitalisation previously reached $10 billion for the first time since the 2009 dollarisation in September last year spurred by a bullrun that pushed the market to a peak value of $15 billion in November last year.
The market capitalisation has been below the $10 billion mark since early December last year.
On Tuesday, the market capitalisation closed above the $10 billion mark for the first time since the beginning of the year at $10,004 billion, reaching its highest level so far this year.
Source - fingaz
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