The primary stock market index in Zimbabwe, the ZSI Industrials, has experienced a remarkable increase of 165 points, rresenting a staggering 695.09% rise since the start of 2024. This surge is reflected in trading activities linked to a contract for difference (CFD) instrument that tracks this benchmark index.
Looking ahead, analysts and global macroeconomic models predict that the Zimbabwe Stock Market is likely to stabilize at 188.34 points by the end of the current quarter. Furthermore, projections indicate a potential trading level of 173.81 points within the next 12 months.