FML - First Mutual Holdings Limited

Apr 16, 2024 at 14:30 Twitter · Facebook

FML share price on Zimbabwe Stock Exchange

First Mutual Holdings Limited is a holding company with diverse interests in the financial services and property sectors. The core subsidiaries are involved in the provision of life assurance and related products, with a strong and growing presence in short-term insurance, property investment and actuarial consultancy.

First Mutual Holdings Limited is listed on the Zimbabwe Stock Exchange (ZSE). First Mutual is traded on the ZSE under the ticker symbol “FML”. First Mutual Holdings Limited is currently the fourth most valuable stock on the ZSE with a market capitalization of ZiG 1.56 billion, which is about 5.55% of the Zimbabwe Stock Exchange equity market.

FML Stock Market Performance

The current share price of First Mutual Holdings Limited (FML) is ZiG 2.26. FML closed its last trading day (Monday, April 15, 2024) at 2.26 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 0.2% gain over its previous closing price of 2.255151 ZiG. First Mutual began the year with a share price of 0.418956 ZiG and has since gained 439% on that price valuation, ranking it seventh on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about FML knowing the stock has accrued 31% over the past four-week period alone—23rd best on ZSE.

First Mutual Holdings is the 14th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 16 - Apr 16, 2024). FML has traded a total volume of 1.97 million shares valued at ZiG 815,333 over the period, with an average of 31,222 traded shares per session. A volume high of 1.1 million was achieved on January 18th for the same period. The table below details the last 10 trading days of activity of First Mutual on the Zimbabwe Stock Exchange.

Profile of First Mutual Holdings Limited

First Mutual Holdings Limited operates in the Financials sector.

FML Industrial Market Competitors

First Mutual Holdings Limited, issuers of the FML 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