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What is the Zimbabwe Industrial Index?

Zimbabwe Industrial Index

The Zimbabwe Industrial Index is one of the two indices based on the Zimbabwe Stock Exchange, the other being the Zimbabwe Mining Index. As of August 2017, the industrial index consisted of 56 companies across eight sectors including consumer goods, consumer services, financials, industrials, health care and telecommunications.

Where have you heard about the Zimbabwe Industrial Index?

Your broker will likely have offered you the opportunity to invest in companies in global emerging markets, with some being riskier than others. Under long-term leader Robert Mugabe, Zimbabwe has become of the worst-performing economies in the world, and is an extremely risky destination for the private investor.

What you need to know about the Zimbabwe Industrial Index.

The Zimbabwe Industrial Index tracks the performance of 56 companies. Although not as volatile as Zimbabwe Mining Index, it often moves two to three percent in a single trading session. As of August 2017, the index was over 200 percent higher than one year prior, but the previous three years had seen it lose over 50 percent of its value, so you should be aware of the potential for large profits and losses. Before investing in Zimbabwe, you should research economic policies such as ‘indigenisation’, which requires foreign companies to give a controlling interest to ‘indigenous Zimbabweans’.

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