FMP - First Mutual Properties Limited
First Mutual Properties Limited (previously Pearl Mutual Properties Limited) is a Zimbabwean property investment, development and management company. The company has an existing portfolio covering commercial and retail properties in the major towns of Zimbabwe including about 117,250 square meters of lettable space made up of office parks, retail shops, commercial and industrial space. Additionally, the company owns office parks, high-rise buildings in CBDs, retail, industrial premises, warehouses, and residential trading stock of 2/3 bedroom garden flats on a land area of 1923 square metres in Avondale, Harare.
First Mutual Properties Limited is listed on the Zimbabwe Stock Exchange (ZSE). First Mutual Properties is traded on the ZSE under the ticker symbol “FMP”. First Mutual Properties Limited is currently the 27th most valuable stock on the ZSE with a market capitalization of ZWL 20.2 billion, which makes about 0.558% of the Zimbabwe Stock Exchange equity market.
| Last Trading Results | |
|---|---|
| Opening Price | |
| Day’s Low Price | |
| Day’s High Price | |
| Traded Volume | 2,500 |
| Number of Deals | |
| Gross Turnover | 40,650.00 |
| Growth & Valuation | |
|---|---|
| Earnings Per Share | |
| Price/Earning Ratio | |
| Dividend Per Share | |
| Dividend Yield | |
| Shares Outstanding | 1.24B |
| Market Capitalization | 20.2B |
FMP Stock Market Performance
| 1WK | 4WK | 3MO |
|---|---|---|
| +5.24% | +6.46% | +41.9% |
| 6MO | 1YR | YTD |
|---|---|---|
| +218% | +98.3% | +35.5% |
The current share price of First Mutual Properties Limited (FMP) is ZWL 16.26. FMP closed its last trading day (Monday, March 27, 2023) at 16.26 ZWL per share on the Zimbabwe Stock Exchange (ZSE), recording an 8.4% gain over its previous closing price of 15.00 ZWL. First Mutual Properties began the year with a share price of 12.00 ZWL and has since gained 35.5% on that price valuation, ranking it 32nd on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about FMP knowing the stock has accrued 6% over the past four-week period—32nd best on ZSE.
First Mutual Properties is the 15th most traded stock on the Zimbabwe Stock Exchange over the past three months (Dec 23, 2022 - Mar 27, 2023). FMP has traded a total volume of 3.78 million shares valued at ZWL 46.2 million over the period, with an average of 59,927 traded shares per session. A volume high of 2.7 million was achieved on January 6th for the same period. The table below details the last 10 trading days of activity of First Mutual Properties on the Zimbabwe Stock Exchange.
| Date | Volume | Close | Change | Change% |
|---|---|---|---|---|
| 2023-03-27 | 2,500 | 16.26 | +1.26 | +8.40% |
| 2023-03-24 | 100 | 15.00 | ||
| 2023-03-23 | 2,900 | 15.00 | -0.6667 | -4.26% |
| 2023-03-22 | 6,000 | 15.6667 | -0.1828 | -1.15% |
| 2023-03-21 | 9,300 | 15.8495 | +0.3995 | +2.59% |
| 2023-03-20 | 7,800 | 15.45 | ||
| 2023-03-16 | 3,500 | 15.45 | ||
| 2023-03-15 | 3,500 | 15.45 | ||
| 2023-03-14 | 100 | 15.45 | -0.05 | -0.32% |
| 2023-03-09 | 3,300 | 15.50 |
Profile of First Mutual Properties Limited
First Mutual Properties Limited operates in the Financials sector, specifically, the Real Estate Investment industry.
Factsheet of First Mutual Properties Limited
- Sector
- Financials
- Industry
- Real Estate Investment
- Address
- First Floor, First Mutual Park, 100 Borrowdale Road, Borrowdale, Harare, Zimbabwe
- Telephone
- +263-4-886-121, +263-4-886-122, +263-4-886-123
FMP Industrial Market Competitors
First Mutual Properties Limited, issuers of the FMP stock on the Zimbabwe Stock Exchange, have a number of market competitors who are also engaged in the Financials sector and/or Real Estate Investment industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.
| Code | Name | M. Cap. | Close | YTD |
|---|---|---|---|---|
| ZIMR | Zimre Holdings Limited | 17.6B | 11.50 | +186% |
| FCA | First Capital Bank Limited | 71.4B | 32.8640 | +109% |
| FBC | FBC Holdings Limited | 66.3B | 98.4655 | +58.8% |
| NMB | NMBZ Holdings Limited | 21.3B | 51.7170 | +37.3% |
| CBZ | CBZ Holdings Limited | 121B | 175.6627 | +30.1% |
| FIDL | Fidelity Life Assurance Limited | 3.27B | 30.00 | +25% |
| MASH | Mashonaland Holdings Limited | 21.6B | 11.5222 | +24.6% |
| GBZW | GetBucks Microfinance Bank Ltd | 26.8B | 23.00 | +5.5% |
| ZBFH | ZB Financial Holdings Limited | 18.3B | 104.25 | -7.7% |
| FML | First Mutual Holdings Limited | 13.8B | 20.00 | -21.9% |