ZSE bubble to burst, says EIU

Published: 13 June 2013
The Economist Intelligence Unit (EIU) a global think-tank, has warned that the Zimbabwe Stock Exchange (ZSE) which is enjoying a bull run, may burst its bubble as the market is vulnerable to a sharp correction ahead of the forthcoming harmonise elections.

The warning by the EIU comes at a time when ZSE's industrial index on Tuesday reached a new high of 223.58 points.

The EIU said whatever the explanation for it, the signs are that ZSE's bull run has already overshot, leaving the market vulnerable to a sharp connection.
- news
Tags: Bubble, ZSE,

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