ZSE extends gains in July as market cap rises 5%

📅 Published: August 18, 2025

📰 Source: theindependent

Curated by AllZimNews.com

This marked a shift from June’s figures, where Delta and Econet led with ZiG212 million and ZiG116 million, respectively.

The dollar-denominated Victoria Falls Stock Exchange (VFEX) also ended July in positive territory, with market capitalisation jumping 15% after a marginal 0,02% dip in June.

Six stocks advanced while only two declined.

However, trading activity weakened, with monthly turnover dropping 41% to US$4,3 million from US$7,2 million in June.

On the ZSE, SeedCo emerged as the top gainer, skyrocketing 58,38%, while OK Zimbabwe suffered the steepest decline, plunging 30,09%.

On the VFEX, Padenga led the advancers, whereas Edgars was the worst performer, shedding 14,18% of its value. 🔗

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