Bulls to charge into Zimbabwe gold stocks

BY SHAME MAKOSHORI
BULLS will aggressively charge into Zimbabwe’s gold stocks this year, as investors pile up trades, attracted by strong international commodity prices, according to new projections by Inter Horizon Securities (IH).

It said the charge would be relentless and bulls would be unblinking, but warned investors to guard against over excitement.

The country’s two bourses, Victoria Falls Stock Exchange (VFEX) and the Zimbabwe Stock Exchange (ZSE) have recently hit a bad patch after driving market capitalisations up during most of the first half.

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