The Zimbabwe Stock Exchange (ZSE) market capitalisation has dropped to US$12.3 billion from US$15 billion on the back of massive disposal of shares by the investors.

The value of shares on the stock market has dropped after losing almost US$2 billion by end of trading this week.

The industrial index shed 11.32 percent to 432.72 points, while the mining or resources index was unchanged at 134.40 points.

Losers included Econet down by 19.99 percent to 134.00 points, Delta shed 19.94 percent to close at 203.75 cents, Old Mutual share price dropped by 19.58 percent to close at 1150.00 cents and Afdis was down by 18.37 percent to end at 150.00 cents.