FIDL - Fidelity Life Assurance Limited

Apr 24, 2024 at 13:36 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 31st most valuable stock on the ZSE with a market capitalization of ZiG 47.9 million, which makes about 0.174% of the Zimbabwe Stock Exchange equity market.

FIDL Stock Market Performance

The current share price of Fidelity Life Assurance Limited (FIDL) is ZiG 0.44. FIDL closed its last trading day (Tuesday, April 23, 2024) at 0.44 ZiG per share on the Zimbabwe Stock Exchange (ZSE), recording a 1.2% gain over its previous closing price of 0.434922 ZiG. Fidelity Life began the year with a share price of 0.094048 ZiG and has since gained 368% on that price valuation, ranking it 16th on the ZSE in terms of year-to-date performance. Shareholders can be optimistic about FIDL knowing the stock has accrued an outstanding 54% over the past four-week period alone—ninth best on ZSE.

Fidelity Life Assurance is the 35th most traded stock on the Zimbabwe Stock Exchange over the past three months (Jan 23 - Apr 24, 2024). FIDL has traded a total volume of 53,300 shares valued at ZiG 10,327 over the period, with an average of 846 traded shares per session. A volume high of 42,300 was achieved on January 23rd 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