Zimbabwe's stock exchange falls 11%

Aug 05, 2013, 12:18 PM EDT
A Zimbabwe Stock Exchange (ZSE) official walks past an electronic display screen at the close of trading in Harare August 5, 2013.
REUTERS

Zimbabwe's main stock market index fell 11% on Monday, its biggest one-day decline since 2009, in its first trading day since official results confirmed veterveteran President Robert Mugabe would extend his 33 years in power after trouncing Prime Minister Morgan Tsvangirai. Most banks in Zimbabwe have stopped making new loans because of concern about economic policy under the new government, according to Bloomberg.

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