ZSE listing requirements out next year

ZSE listing requirements out next year
Published: 02 December 2013
The Zimbabwe Stock Exchange says new listing requirements will be released next year as the market seeks to operate in line with modern trading systems.

In a statement to investors, the local bourse says it is still in the process of crafting the new set of rules and the first draft is currently being evaluated.

The new listing requirements which are expected to be operational by January next year will focus on issues such as conditions of listing and pre-listing statements.

Meanwhile, the industrial index gained 0.87 points to close at 213.91 points, while the mining or resources index was flat at 47,02 points on Monday's trading.

Delta added 1.05 cents to 151.05 cents.

Colcom and OK Zimbabwe were up a cent each to close at 27 cents and 21 cents respectively.

Econet inched up 0.80 cents to 63 cents and Edgars rose 0.40 cents to trade at 12.50 cents.

Gains were offset by losses in Hippo, which slipped 5 cents to 100 cents.

On the minings index, Bindura, Falgold, Hwange and RioZim were unchanged at previous trading levels.

- zbc
Tags: ZSE,


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