Old Mutual Resumes Trading in Zimbabwe on Dollar-Based VFEX
Translated from English and summarized by DistantNews. Read the original for the full story.
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Outcome reported
- Old Mutual shares resumed trading in Zimbabwe on August 12 after a six-year suspension.
- The insurer transferred its secondary listing from the Zimbabwe Stock Exchange to VFEX, where shares opened at $0.76 and closed 2.9% higher at $0.7817.
Old Mutual has returned to Zimbabwe’s stock market after a six-year absence, with its shares now trading on the U.S. dollar-based Victoria Falls Stock Exchange.
The shares resumed trading on August 12 after the insurer moved its secondary listing from the Zimbabwe Stock Exchange to VFEX. They opened at $0.76 and gained 2.9% during the first session, closing at $0.7817.
About this summary
Originally published by AllAfrica Zimbabwe in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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