OKZ - OK Zimbabwe Limited

Apr 17, 2025 at 13:34 Twitter · Facebook

OKZ share price on Zimbabwe Stock Exchange

OK Zimbabwe Limited, first established in 1942, is a leading supermarket retailer in Zimbabwe providing a broad range of retail products and allied services. Historically, the company was incorporated as Springmaster Corporation in 1953, and in 1984 changed its name to Deltrade Limited which was then again changed to the current name in July 2001. OK Zimbabwe, which trades under the popular brand names OK Stores, Bon Marche’ Stores, and OKmart, operates in three major market categories, namely, groceries, basic clothing and textiles, and houseware products. Via a diversified distribution channel, the company is able to target all segments of the market, responding to its customers’ requisite for convenience and value. Despite operating in a highly competitive retail sector, OK Zimbabwe has maintained its dominant position, developing its own brands through the Bon Marche’ Premier Choice and Shopperschoice labels.

OK Zimbabwe Limited is listed on the Zimbabwe Stock Exchange (ZSE). OK is traded on the ZSE under the ticker symbol “OKZ”. OK Zimbabwe Limited is currently the 24th most valuable stock on the ZSE with a market capitalization of ZiG 353 million, which makes about 0.589% of the Zimbabwe Stock Exchange equity market.

OKZ Stock Market Performance

The current share price of OK Zimbabwe Limited (OKZ) is ZiG 0.282791. OKZ closed its last trading day (Thursday, April 17, 2025) at 0.282791 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 5.7% drop from its previous closing price of 0.30 ZiG. OK began the year with a share price of 0.53 ZiG but has since lost 46.6% off that price valuation, ranking it 33rd on the ZSE in terms of year-to-date performance. Shareholders’ worries are compounded by the fact that OKZ has lost 40% of the stock’s value from March 20th to date.

OK Zimbabwe is the fourth most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 20 - Apr 17, 2025). OKZ has traded a total volume of 43.9 million shares valued at ZiG 14.1 million over the period, with an average of 697,316 traded shares per session. A volume high of 23.2 million was achieved on February 4th for the same period. The table below details the last 10 trading days of activity of OK Zimbabwe on the Zimbabwe Stock Exchange.

Profile of OK Zimbabwe Limited

OK Zimbabwe Limited operates in the Consumer Services sector, specifically, the Broadline Retailers industry.

OKZ Industrial Market Competitors

OK Zimbabwe Limited, issuers of the OKZ stock on the Zimbabwe Stock Exchange, have three market competitors who are also engaged in the Consumer Services sector and/or Broadline Retailers industry. The table below presents an overview of their market standing.

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