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Zim Stock Exchange loses $400m

HARARE – The Zimbabwe Stock Exchange market capitalisation contracted by 14 percent to $2,6 billion in the three months to March 2016 from $3,1 billion in December last year, as the country’s economy hurtles towards recession. [GoogleAd] Latest figures from Lynton Edwards Stockbrokers (Les) show that the equities market traded lower in the first quarter…

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