Zimbabwe: ZSE Turnover Falls 48,6 Percent

2 October 2014

Martin Kadzere — TURNOVER on the Zimbabwe Stock Exchange fell 48,6 percent in September to $34,1 million from $66,4 million a month earlier, according to statistics from the exchange. The high turnover in August was largely driven by special deals, notably the Atlas Mara offer to minorities' transaction, ZSE chief executive Mr Alban Chirume said yesterday. "In August there were a number of special bargains," he said.

"In particular, as part of the Atlas Mara offer to minorities transaction -- $38,05 million worth of ABC Holdings shares were traded as a special bargain.

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