Zimbabwe Stock Exchange in headlong plunge
“The Zimbabwe Stock Exchange suffered its heaviest plunge since 2009 with traded shares dipping 10% in the first quarter of the year.
Market capitalisation for the quarter ending March 31 dropped 10 % to $4,1 billion compared to the previous year.
The political dust is yet to settle as evidenced by intensifying bickering in the ruling party
Market watchers attribute the drop to weak foreign participation and liquidity constraints on the domestic market.”