The Zimbabwe Stock Exchange (ZSE), which was subdued during the election week, recorded gains in the post presidential result announcement trading day.
The all share index registered a 0.1 percentage point gain during Friday’s post-presidential result announcement trading session to settle at 114.19 points.
The index had shed 0.24 points the previous day and was flat at 114.08 points on 1 August as investors were trading cautiously awaiting the election result.
Retail giant, OK Zimbabwe, added 1.47 cents to 23.57 cents per share whilst cement maker, PPC inched up by 0.6 cents to close at $1.22 cents per share.
The 2013 post election period saw the ZSE suffering a two week financial bloodbath, losing a cumulative 22 percentage points from 232.87 points on 1 August 2013 to 190.44 points on the 15th of August 2013.
This is however different this time around.
Friday’s gain signals a positive sentiment that investors have in the economy due to business optimism brought by the political certainty contrary to the 2013 post election period.