Browsing: Morgan and Company

ZSE two more indices
  • Zimbabwe Stock Exchange profiles the Agriculture and Exchange Traded Fund indices introduced on April 1, 2022.
  • The Introduction of sectoral indices followed the adoption of the Global Industry Classification Standard (GICS).
  • The settlement base values for both indices were  placed at 100 but ZSE ETF index back-test to January 1, 2022.

The Zimbabwe Stock Exchange (ZSE) has profiled two more sector indices, the Agriculture and Exchange Traded Fund (ETF) indices. The profiles of the indices are with effect from April 1, 2022. This brings the total number of sectoral indices to ten while total market indices add to fifteen. The Agriculture index, tracks the performance of companies in the agricultural sector. The ETF index is tailor made to measure the trading performance of the three listed ETFs. In separate announcements, the ZSE said that the base value for the two indices was 100, but the ETF index back-test to January