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*Zimbabwe Stock Exchange Halts Trading On The ZSE Markets* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?uc The Zimbabwe Stock Exchange instituted a trading halt on the ZSE Markets just after midday this Monday after the ZSE All Share index breached the 10% threshold on the upside. According to a public notice issued this afternoon by Zimbabwe Stock Exchange Limited Chief Executive Officer Justin Bgoni, trading will resume on Tuesday, 16 May 2023. Reads the notice: ---------- *Latest itel S24 now available on Pindula* $124 Cash on Delivery in Harare & Bulawayo. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > Pursuant to a ZSE public notice dated 28 April 2022 on changes to ZSE trading operations the Zimbabwe Stock Exchange Limited (“ZSE”) hereby notifies the market that it has instituted a trading halt at 12h38 on the 15th of May 2023 on the ZSE Markets after the ZSE All Share index breached the 10% threshold on the upside. > Given that it is the end of the trading session, trading will resume tomorrow 16th May 2023 as usual. Investors use the term “circuit breaker” to describe an emergency-use regulatory measure that temporarily halts trading on an exchange. Circuit breakers attempt to curb panic-selling and can also be triggered on the way up with manic-buying. Circuit breakers function automatically by stopping trading when prices hit predefined levels in exchanges around the world. More: Pindula News _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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