African Stock Exchanges

OKZ - OK Zimbabwe Limited

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OKZ share price on Zimbabwe Stock ExchangeOKZ 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 ninth most valuable stock on the ZSE with a market capitalization of ZiG 659 million, which makes about 2.35% of the Zimbabwe Stock Exchange equity market.

OKZ0.528036 ▴ 0.058036 (12.35%)
Yesterday
Last Trading Results
Opening Price
Day’s Low Price
Day’s High Price
Traded Volume2,800
Number of Deals
Gross Turnover1,478.50
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding1.25B
Market Capitalization659M
Monetary values are quoted in Zimbabwe Gold (ZiG) unless otherwise stated

OKZ Stock Market Performance

1WK4WK3MO
+9.18%+91.4%+447%
6MO1YRYTD
+869%+1,917%+517%

The current share price of OK Zimbabwe Limited (OKZ) is ZiG 0.528036. OKZ closed its last trading day (Tuesday, April 16, 2024) at 0.528036 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 12.3% gain over its previous closing price of 0.47 ZiG. OK began the year with a share price of 0.085581 ZiG and has since gained 517% on that price valuation, ranking it third on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about OKZ knowing the stock has accrued an outstanding 91% over the past four-week period alone—11th best on ZSE.

OK Zimbabwe is the sixth most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 16 - Apr 16, 2024). OKZ has traded a total volume of 14.2 million shares valued at ZiG 4.05 million over the period, with an average of 225,902 traded shares per session. A volume high of 1.53 million was achieved on February 12th for the same period. The table below details the last 10 trading days of activity of OK Zimbabwe on the Zimbabwe Stock Exchange.

DateVolumeCloseChangeChange%
2024-04-162,8000.528036+0.058036+12.35%
2024-04-1517,3000.47+0.0052+1.12%
2024-04-125000.4648-0.018843-3.90%
2024-04-0550,1000.483643+0.003370+0.70%
2024-04-04112,2000.480273+0.000023+0.00%
2024-04-03557,0000.480250+0.000005+0.00%
2024-04-025,6000.480245+0.007276+1.54%
2024-03-281,1000.472969+0.009509+2.05%
2024-03-27198,8000.463459+0.001985+0.43%
2024-03-2626,2000.461475

Profile of OK Zimbabwe Limited

OK Zimbabwe Limited operates in the Consumer Services sector, specifically, the Broadline Retailers industry. The company is led by Alex Edgar Siyavora as its Chief Executive Officer, since 2017. The company's board of directors, chaired by Herbert Nkala, is composed of eight members whose names are listed below.

  1. Nkala, Herbert
    Chairman
  2. Siyavora, Alex Edgar
    Chief Executive Officer
  3. Katsande, Albert R.
    Commercial Director
  4. Lake, David B.
    Non-Executive Director
  5. Kembo, Freeman T.
    Non-Executive Director
  6. Maunze, Rufaro Audrey Mwanatsa
    Non-Executive Director
  7. Mavima, Rose
    Non-Executive Director
  8. Moyo, Rutenhuro James
    Non-Executive Director

Factsheet of OK Zimbabwe Limited

Sector
Consumer Services
Industry
Broadline Retailers
Address
7 Ramon Road, Graniteside, P. O. Box 3081, Harare, Zimbabwe
Telephone
+263-24-2-757-311, +263-24-2-757-319

OKZ Industrial Market Competitors

OK Zimbabwe Limited, issuers of the OKZ stock on the Zimbabwe Stock Exchange, have four 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.

CodeNameM. Cap.CloseYTD
MEIKMeikles Limited744M2.882083+478%
ZIMPZimbabwe Newspapers Limited22.5M0.040020+194%
RTGRainbow Tourism Group Limited450M0.180090+181%
UNIFUnifreight Africa Limited28.1M0.259790+160%

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

Comments

  1. Nobert SitholeNobert Sithole
    Dec 9, 2023 19:35 GMT

    I would like to inquire on how to invest in this successful organisation.

  2. EDSON RUNESUEDSON RUNESU
    Jan 19, 2020 12:52 GMT

    I want to invest with you, how do i go about it.

  3. TATIWA MUNDEYIRITATIWA MUNDEYIRI
    Jun 18, 2019 14:49 GMT

    The performance of the organization is more than satisfactory as shown by the results as well as the performance on the stock market. Hats off to the stewards of the company for the sound policies that keeps the company afloat during these difficult times

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