Zimbabwe Stock Exchange liquidity falls 39%

Liquidity on the Zimbabwe Stock Exchange has dropped continuously since March, plunging 39 percent for the six months to July 2015, with most heavyweight stocks taking major knocks.

The latest statistics from the stock market show that liquidity of trades on the bourse totalled $153,66 million between January and July this year against $252,97 million during the same period last year.

ZSE registered a 32 percent dip in value traded in the first six months of the year, as most heavyweight stocks also registered declines in volumes.

Figures from ZSE valued at $136,72 million were traded between January and June from $200 million in the same period in 2014.

Liquidity on the bourse opened this year on the lower side at $16,06 million in January against $63,72 million in 2014, but at $34,78 million this year it outperformed February 2014 out-turn of $25,65 million.