EFE Securities •

7 years ago •

Daily Reports

Monthly Review April 2017

The ZSE saw a rising month of April with the two main indicators closing in the black as a bullish sentiment swept across the board. Shoring up the activity on the market were the corporate actions along with the momentum from the reporting season, for the December reported date, which had some surprisingly better numbers despite the ecodenomic woes. The Econet rights and debenture issue was the major highlight on the corporate scene with its surrogate instruments, letters of allocation, having driven notable trades for the prior month while in April, the wait for the listing of new shares weighed.