The Zimbabwe Stock Exchange (ZSE) Medium Caps Index Profile
The Zimbabwe Stock Exchange (ZSE) Medium Caps Index is a market capitalisation-weighted index that tracks the performance of medium-sized companies listed on the ZSE. The index provides a benchmark for the overall performance of the Zimbabwean stock market, and is considered a key indicator of economic growth and stability in the country.
The ZSE Medium Caps Index comprises of companies that are not part of the ZSE Top 25 index, yet still have significant market capitalisation. These companies are considered to be of great potential for growth and are closely watched by investors. Some of the top companies on the index include; Art Corporation, Axia Corporation and Dawn Properties.
The index is updated on a regular basis to ensure that it accurately reflects the current market conditions. This allows investors to stay informed about the performance of medium-sized companies in the Zimbabwean stock market and make informed investment decisions.
Overall, the ZSE Medium Caps Index is a valuable resource for investors looking to gain exposure to the Zimbabwean stock market and stay informed about the performance of medium-sized companies with potential for growth. The index is considered as a good indicator of the health of the economy and the potential of the companies listed on it.