Finsec

Welcome to Financial Securities Exchange (Private) Limited

OMZIL

26.5799 | 0.0588

FINSEC

656.82 | 0.00

ZSE ASI

2,154.67 | +0.73%

USD-ZAR

14.54 | -0.66

JSE All Share

59,788.12 | -1.25%

45.90 | -0.12

Govt partners private sector on commodities exchange

Govt partners private sector on commodities exchange

The Financial Securities Exchange Limited (FINSEC), in partnership with TSL Limited and financial services group CBZ Holdings Limited, has established the Zimbabwe Mercantile Exchange (ZMX) in a Public-Private Partnership (PPP) with Government. This comes as Government puts in place the National Agriculture Policy Framework (NAPF) 2018 to 2030 to guide investments and sub-sector strategies in […]
Commodities exchange pilot programme in progress

Commodities exchange pilot programme in progress

Enacy Mapakame Business Reporter Pilot programme and awareness campaigns for the soon coming commodities exchange are already underway as efforts to intensify its operations by March 2021. In his 2021 National Budget, Finance and Economic Development Minister Professor Mthuli Ncube indicated the exchange will be launched in March next year, to address agriculture marketing problems, […]
Fronteras Novastra makes it on GEM Portal

Fronteras Novastra makes it on GEM Portal

Enacy Mapakame Business Reporter Fronteras Novastra Investment Holdings Limited has been accepted on the recently opened GEM Portal as a Qualified Investor bringing with it an initial US$250 000 funding for small to medium enterprises. GEM Portal by Financial Securities Exchange (FINSEC) is a dedicated online platform designed for SMEs in need of raising capital […]
Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

By Staff Reporter In December 2019 FINSEC, in partnership with the United Nations Capital Development Fund (UNCDF) unveiled a pioneering online funding platform designed to assist Growth Enterprises including Small and Medium Enterprises (SMEs) in accessing diversified capital raising options through the use of securities market infrastructure. Since the unveiling of this innovation, FINSEC and […]
FINSEC pilots first GEM Portal in Sub-Saharan Africa

FINSEC pilots first GEM Portal in Sub-Saharan Africa

Enacy Mapakame Business Reporter The first ever Growth Enterprise Market (GEM) portal in the region by Financial Securities Exchange Limited (FINSEC) is now available and ready for small to medium enterprises (SMEs) in need of raising funding via capital markets. Launched last December, the GEM portal is a dedicated online platform designed for SMEs in […]
Finsec to launch new depository receipts

Finsec to launch new depository receipts

Enacy Mapakame Financial Securities Exchange Limited (Finsec), will soon launch new financial instruments — depository receipts — on its exchange that will allow local investors to buy financial instruments with ease in companies that are listed outside Zimbabwe. Depositary receipts are negotiable certificates issued by a bank representing shares in a foreign company traded on […]
Finsec to launch derivatives system

Finsec to launch derivatives system

Panashe Chikonyora and Chipo Chaumba Financial Securities Exchange Limited (Finsec) says it will soon launch an electronic trading system for derivatives on its securities platform. The company said the system will enhance transparency, promote diversification as well as curb the dangers associated with existing methods. Derivatives are financial securities with a value that is reliant […]
SMEs share trading portal nears finality

SMEs share trading portal nears finality

Enacy Mapakame Business Reporter The Financial Securities Exchange Limited (Finsec) says significant progress has been made towards operationalising its Growth Enterprise Market (GEM) portal for Small to Medium Enterprises (SMEs) with a draft framework now in place. The framework will also guide the disbursement of the $500 million venture capital fund, set aside by the […]
SMEs scramble for Growth Enterprise Market

SMEs scramble for Growth Enterprise Market

The Financial Securities Exchange Limited (Finsec) says Small to Medium Enterprises (SMEs) from across the sector are scrambling to register for on-boarding on its Growth Enterprise Market (GEM) portal a month after its launch. The GEM portal is a dedicated online platform designed for SMEs in need of raising capital for retooling operations, increase productivity, […]
Kumusha Power eyes FINSEC listing

Kumusha Power eyes FINSEC listing

BY FIDELITY MHLANGA GOODBOOK Investments trading as Kumusha Power, envisages to list on the Financial Securities Exchange ((Finsec) platform next month to raise capital, in what would be the first energy initial public offer (IPO). Speaking at the Institute of Chartered Accountants of Zimbabwe Winter School in Sun City, South Africa last week, the company’s […]

Govt partners private sector on commodities exchange

The Financial Securities Exchange Limited (FINSEC), in partnership with TSL Limited and financial services group CBZ Holdings Limited, has established the Zimbabwe Mercantile Exchange (ZMX) in a Public-Private Partnership (PPP) with Government. This comes as Government puts in place the National Agriculture Policy Framework (NAPF) 2018 to 2030 to guide investments and sub-sector strategies in […]

December 24, 2020 Read More

Commodities exchange pilot programme in progress

Enacy Mapakame Business Reporter Pilot programme and awareness campaigns for the soon coming commodities exchange are already underway as efforts to intensify its operations by March 2021. In his 2021 National Budget, Finance and Economic Development Minister Professor Mthuli Ncube indicated the exchange will be launched in March next year, to address agriculture marketing problems, […]

Fronteras Novastra makes it on GEM Portal

Enacy Mapakame Business Reporter Fronteras Novastra Investment Holdings Limited has been accepted on the recently opened GEM Portal as a Qualified Investor bringing with it an initial US$250 000 funding for small to medium enterprises. GEM Portal by Financial Securities Exchange (FINSEC) is a dedicated online platform designed for SMEs in need of raising capital […]

November 20, 2020 Read More

Zimbabwe: FINSEC Opens Up Growth Enterprise Market Platform

By Staff Reporter In December 2019 FINSEC, in partnership with the United Nations Capital Development Fund (UNCDF) unveiled a pioneering online funding platform designed to assist Growth Enterprises including Small and Medium Enterprises (SMEs) in accessing diversified capital raising options through the use of securities market infrastructure. Since the unveiling of this innovation, FINSEC and […]

October 29, 2020 Read More

FINSEC pilots first GEM Portal in Sub-Saharan Africa

Enacy Mapakame Business Reporter The first ever Growth Enterprise Market (GEM) portal in the region by Financial Securities Exchange Limited (FINSEC) is now available and ready for small to medium enterprises (SMEs) in need of raising funding via capital markets. Launched last December, the GEM portal is a dedicated online platform designed for SMEs in […]

Finsec to launch new depository receipts

Enacy Mapakame Financial Securities Exchange Limited (Finsec), will soon launch new financial instruments — depository receipts — on its exchange that will allow local investors to buy financial instruments with ease in companies that are listed outside Zimbabwe. Depositary receipts are negotiable certificates issued by a bank representing shares in a foreign company traded on […]

March 19, 2020 Read More

Finsec to launch derivatives system

Panashe Chikonyora and Chipo Chaumba Financial Securities Exchange Limited (Finsec) says it will soon launch an electronic trading system for derivatives on its securities platform. The company said the system will enhance transparency, promote diversification as well as curb the dangers associated with existing methods. Derivatives are financial securities with a value that is reliant […]

March 17, 2020 Read More

SMEs share trading portal nears finality

Enacy Mapakame Business Reporter The Financial Securities Exchange Limited (Finsec) says significant progress has been made towards operationalising its Growth Enterprise Market (GEM) portal for Small to Medium Enterprises (SMEs) with a draft framework now in place. The framework will also guide the disbursement of the $500 million venture capital fund, set aside by the […]

SMEs scramble for Growth Enterprise Market

The Financial Securities Exchange Limited (Finsec) says Small to Medium Enterprises (SMEs) from across the sector are scrambling to register for on-boarding on its Growth Enterprise Market (GEM) portal a month after its launch. The GEM portal is a dedicated online platform designed for SMEs in need of raising capital for retooling operations, increase productivity, […]

February 12, 2020 Read More

What to do in a bullish market

A bull market or a bull run refers to a stock market that is characterised by a sustained rise in share prices with most counters trending upwards. Bull runs normally occur when investors believe the positive trend will continue for the long term. Bull runs present an opportunity for investors to take advantage of rising […]

Market Overview

Market Cap (ZWL)	2,206,439,122.27
Turnover (ZWL)	0
Traded Volume	0

INDICES

	Close
BRVM-CI	141.81
BSE DCI	6,888.70
DSE ASI	1,781.69
EGX 30	10,890.30
GSE-CI	1,893.10
JSE ASI	59,788.12
LuSE ASI	3,937.35
MASI	11,520.24
MSE ASI	31,683.06
NGSE ASI	36,804.75
NSE ASI	148.04
NSX OI	1,242.60
RSE ASI	147.74
SEM ASI	1,621.67
TUNINDEX	6,849.03
USE ASI	1,257.83
ZSE ASI	2,154.67

FOREX

Base USD 1.00

	Rate
ZWL	81.74
NAD	14.54
ZMW	21.14
UGX	3,654.13
TND	2.69
TZS	2,318.38
ZAR	14.54
MAD	8.88
MUR	39.35
MWK	770.00
GHS	5.88
XOF	535.14
RWF	985.00
EGP	15.75