zimbabwestockexchangelogo.jpgIn a case of suspected cyber crime, the Zimbabwe Stock Exchange’s website has been hacked, forcing the country’s bourse to temporarily close the website pending investigations and maintenance of the site.

The country’s official stock exchange, the ZSE has become the latest institution to fall victim to the growing cases of cyber crime as its website was illegally infiltrated by yet to be identified hackers.

The website which was on Wednesday active is no longer accessible and stakeholders can not get the daily market performance.

Zimbabwe Stock Exchange Chief Executive Officer, Mr. Emmanuel Munyukwi confirmed the development, adding that a crisis meeting with the firm’s consultancy has been set for Friday morning to try and come up with a solution to the problem.

Mr. Munyukwi noted that trading has not been affected, adding that stakeholders have been prejudiced of relevant market information.

While the exact motive behind the hacking is still to be established it is suspected that the hackers might have been looking for insider information about the stock market.

The Zimbabwe Stock Exchange which currently has 71 listed counters plays the intermediary role in the buying and selling of securities as well as monitoring the trade to ensure that there is good corporate governance.

Meanwhile, the industrial index closed the day at 164.14 points with the mining index rebounding from Wednesday loss adding 0.54 points to close at 154.79 points.

Hwange Colliery which has been facing board room squabbles recovered from the previous day loss adding a cent to trade at 56cents with Delta closing the day a cent firmer at 81 cents.