02-07-2015 12:39 via news.yahoo.com

Zimbabwe stock market cap sheds $500 mln in H1, foreigners exit

The market capitalisation for Zimbabwe's Stock Exchange (ZSE) fell 11 percent to $4 billion in the first half of this year as foreign investors sold shares and the economy stagnated, data from the bourse showed on Thursday. Zimbabwe's government says the economy is expected to flatline this year as a result of low global commodity prices which will impact mining production, low foreign direct investment and company closures as a result of power shortages and expensive finance. Data sho
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