THE Zimbabwe Stock Exchange (ZSE) has changed its trading halt threshold from 10 percent to 15 percent of the All Share Index, in either direction.
It comes as the bourse has lately had to institute a number of trading halts, with the market rallying on the back of the Zimbabwe dollar’s fall over the past few weeks. “The changes have been necessitated to align the index halt thresholds with the individual securities movement,” chief executive Justin Bgoni said in a statement last week.
“The ZSE will also continue to review its operations in line with market developments,” he said.
Meanwhile, the ZSE circuit breakers for individual securities will remain at 15 percent.