Astra Industries to delist from Zimbabwe Stock Exchange
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ASTRA Industries plans to delist from the Zimbabwe Stock Exchange (ZSE) this year as it is not compliant with the bourse’s rules on shareholding.
1M | 3M | YTD | 1Y | 2Y |
+64.47% | +104.02% | -99.90% | -99.83% | -98.79% |
Value Traded (ZiG) 20,278,237.06 |
Volume 4,446,511 |
Transactions 166 |
Market Cap. (Millions ZiG) 63,802.20 |
ASTRA Industries plans to delist from the Zimbabwe Stock Exchange (ZSE) this year as it is not compliant with the bourse’s rules on shareholding.
THE Zimbabwe Stock Exchange is targeting a go-live date on its automation project of June 19 but it will next week relocate from the central business district to Ballantyne Park, a move which could create logistical challenges for stockbrokers and block out inquiries from walk-in investors.
The Zimbabwe Stock Exchange is now a fully fledged private company following the completion of the company registration process. The company is owned by Government and stockbrokers under a 32-68 shareholding structure.
The shares of ABC Holdings and TA Holdings have been delisted from the Zimbabwe Stock Exchange following their respective take overs by Atlas Mara and Masawara Plc.