ZSE recovers as foreign investors flee

While the Zimbabwe Stock Exchange continued its rebound closing last week at 112.03 points after the industrial index gained 10.82 percent, foreign investors have continued exiting the course and offloading stock.

ZSE industrial index, which opened the month of October at 98.02 has been on a steady rally in the past two weeks. However the recovery has not stopped foreign buyers from leaving the bourse.

The ZSE rally was buoyed by counters like British American Tobacco, Innscor Africa's Axia, insurance giant Old Mutual and seed manufacturer SeedCo.