So the coming of the Bond Note is what the ZSE wanted to reverse its downward trend? This morning, the mainstream industrial index closed firmer at 105.21 points having fell to below 98 points just a couple of weeks ago. This isn't surprising though as it clearly shows that local investors are flocking to stocks to hedge against currency risk.
We just LOVE it when the market brings joy to investors, you know. It makes good reading and helps reduce stress levels on fund managers. But considering the cause, we are not sure whether to celebrate or cry.
