ZWL$1.35 trillion wiped from ZSE

PHILLIMON MHLANGA Stocks at the Zimbabwe Stock Exchange (ZSE) slumped to new lows after bears wiped out ZWL$1.35 trillion in investors’ wealth in the past seven days, closing yesterday at ZWL$10.03 trillion as liquidity remained thin, crushing investors’ confidence. The market cap was ZWL$11.38 trillion on Wednesday last week. The stock exchange peaked on June…