FIDL - Fidelity Life Assurance Limited

Nov 20, 2024 at 13:33 Twitter · Facebook

FIDL share price on Zimbabwe Stock Exchange

Fidelity Life Assurance was first incorporated in the United Kingdom as Legal and General (Pvt) Ltd. In 1936, Legal and General opened a branch in Bulawayo in the then Rhodesia. In 1988, a local consortium then bought the long-term assurance division and changed its name to Fidelity Life Assurance. Since inception, Fidelity Life Assurance has been offering assurance products.

Fidelity Life Assurance Limited is listed on the Zimbabwe Stock Exchange (ZSE). Fidelity Life is traded on the ZSE under the ticker symbol “FIDL”. Fidelity Life Assurance Limited is currently the 34th most valuable stock on the ZSE with a market capitalization of ZiG 106 million, which makes about 0.126% of the Zimbabwe Stock Exchange equity market.

FIDL Stock Market Performance

The current share price of Fidelity Life Assurance Limited (FIDL) is ZiG 0.9775. FIDL closed its last trading day (Tuesday, November 19, 2024) at 0.9775 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 15% drop from its previous closing price of 1.15 ZiG. Fidelity Life began the year with a share price of 0.094048 ZiG and has since gained 939% on that price valuation, ranking it 16th on the ZSE in terms of year-to-date performance. Investors should, however, take caution of FIDL’s recent poor performance, having lost 19% of its value in the past four weeks.

Fidelity Life Assurance is the 33rd most traded stock on the Zimbabwe Stock Exchange over the past three months (Aug 26 - Nov 20, 2024). FIDL has traded a total volume of 58,200 shares valued at ZiG 64,945 over the period, with an average of 924 traded shares per session. A volume high of 20,000 was achieved on November 19th for the same period. The table below details the last 10 trading days of activity of Fidelity Life Assurance on the Zimbabwe Stock Exchange.

Profile of Fidelity Life Assurance Limited

Fidelity Life Assurance Limited operates in the Financials sector.

FIDL Industrial Market Competitors

Fidelity Life Assurance Limited, issuers of the FIDL stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Financials sector. The table below presents an overview of the market standing of the top eight by year-to-date performance.

Index of African Stock Exchanges:

1. Botswana Stock Exchange
2. BRVM Stock Exchange
3. Ghana Stock Exchange
4. Johannesburg Stock Exchange
5. Lusaka Securities Exchange
6. Malawi Stock Exchange
7. Nairobi Securities Exchange
8. Nigerian Stock Exchange
9. Uganda Securities Exchange
10. Zimbabwe Stock Exchange