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Mount Vema stocks closed higher, the Gollexi index was up 20.28 points

4/16/2021

 
​April 16, 2021 – Gollexi Index, at the Mount Vema Stock Exchange was up on Friday after Veman Food & Beverage announced plans to invite more companies to submit tenders to supply food and beverage to Mount Vema before and after construction, a clear indication that things are moving.
 
The index rose 20.28 points (0.6976%) as investors started to see a clearer picture on the overall developments of the City of Mount Vema project. De Roseland Fashion, the Mount Vema clothing and footwear retailer surged 12.34% or 7.55 points and became the top gainer of the day, followed by Veman Food & Beverage up 13.20% or 6.91 points.
 
The market sees optimism on the back of an incredibly growth prospects after the Gollexi made significant changes in the way it operates the Mount Vema Stock Exchange, with analysts at the RBMV Bank saying that the changes made so far, are making the market more appealing to foreign investors now considering Mount Vema as a place to invest.
 
The RBMV Bank analysts once again are sounding caution over the path of the pandemic, saying that Mount Vema needs to keep an eye on issues with COVID-19, given that the coronavirus variants are likely to continue to affect decision making, but optimism about the economy of Mount Vema is likely remain.


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