THE Zimbabwe Stock Exchange (ZSE) extended its bear run this week since the introduction of the Zimbabwe Gold (ZiG) currency early this month as limited liquidity continues to dampen trading activity.
The ZiG currency has so far managed to hold its own in the face of dark forces from the parallel market, gaining 2,3 percent this Tuesday morning to ZiG13,2536 against the US-dollar from ZiG13,5616 at the time of its introduction.
On Tuesday morning, the ZSE All Share index at 96,33 points had lost 3,67 percent since rebasing of all market indices to 100 basis points following the currency switch.