ZSE shares hitting fresh highs as volumes remain depressed
2013 May 23 | 746 Views
ZSE's Industrials hit another fresh record on Thursday amid strong interest in selected counters but overall volumes remained thin.Volumes for most of the counters that have recorded significant gains in the past few weeks have been pathetic compared with the gains of over 100% that some counters ha...by Business reporter
ZSE: Delta shares rebound to lift Industrials into record territory
2013 May 22 | 1246 Views
Delta shares hit $1,45 for the first time on Wednesday to help lift Industrials back into the record territory but overall activity slowed with only 21 counters recording trades compared with 30 yesterday.The Industrials Index added 1.46 points or 0.70% to 211.38, its all-time high while the Minings...by Business reporter
ZSE: Industrials slips into the red as Delta stutters
2013 May 21 | 1382 Views
Industrials slid into the red on Tuesday after Delta shares reversed last week's gains after trading 1c weaker at 142c while a significant volume in Econet lifted the daily market turnover to $2,347 million.The Industrials Index eased 0.48 or 0.23% to 209.92 while the Minings Index remained stable a...by Business reporter
Govt to force banks to list on the ZSE
2013 May 21 | 1693 Views
Government will enact laws requiring all banks to list on the Zimbabwe Stock Exchange to help them raise capital, Finance Minister Tendai Biti has said.Addressing journalists recently, Minister Biti said the proposed laws are meant to help prevent future bank failures in the country.Several banks ha...by New Ziana.
ZSE: Industrials manages modest gains as miners falter in thin trades
2013 May 20 | 1622 Views
ZSE's Industrials managed modest gains on Monday in hushed trades where only 4.6 million shares worth $594 559 traded while losses in Falgold and Hwange saw the resources index ending 1.52% in the red.The Industrials Index continued the rally at the beginning of the week gaining a marginal 0.11 or 0...by Business reporter
ZSE Industrials sets another record level
2013 May 17 | 1777 Views
ZSE's Industrials closed above the 210.00 mark for the first time on Friday as Delta shares ended at another record high of 143.01c to extend the momentum built up over the past 2 weeks while daily market turnover jumped to $7,988 million.A block deal of 6.910 million Innscor shares worth $6,427 mil...by Business reporter
ZSE shares continues to rise as activity slows
2013 May 16 | 1411 Views
ZSE shares advanced to fresh heights on Thursday steered by upbeat earnings from Delta and upcoming Econet finals but overall activity slowed with just 20 counters recording trades compared with 30 that traded yesterday.The Industrials Index gained 1.13 points or 0.55% to 206.84, an all-time high b...by Business reporter
ZSE will no longer be allowed to regulate itself
2013 May 16 | 1682 Views
THE Zimbabwe Stock Exchange will no longer be allowed to regulate itself owing to past abuses and malpractices and insider trading by the players, Finance Minister Tendai Biti has said. The minister said no person with shares in a listed company would be allowed to sit on the board set up to regulat...by Business reporter
ZSE: Industrials hits fresh all-time high in midweek trades
2013 May 15 | 1559 Views
ZSE's Industrials closed at a fresh all-time high of 205.71 on Wednesday as investors continue to pile into a few selected counters.The Industrials Index gained 0.99 points or 0.48% to 205.71, an all-time high buoyed by gains in OK Zimbabwe, Hippo and Econet. The Industrials have done 34.98% since J...by Business reporter
ZSE: Industrials rebounds but closed off its all-time high
2013 May 14 | 1651 Views
The market's mainstream Industrials rebounded on Tuesday, buoyed by gains in selected heavyweights, to dose at 204.72 but remained off its all-time high of 204.74 reached last Friday.The Industrials Index gained a marginal 0.11 or 0.05% to 204.72 points on the back of gains heavyweight counters BAT...by Business reporter
ZSE: Industrials snaps 6-day rising streak at week's opening
2013 May 13 | 1431 Views
ZSE shares opened the week lower as Industrials snapped a 6-day rising streak after giving in to losses in Econet and Innscor while Minings were dragged down by Bindura's loss.The Industrials Index dropped 0.13 points or 0.06% to 204.61 as heavyweight Innscor traded 0.13c or 0.12% weaker at 93c amid...by Business reporter
ZSE: Industrials advances to record levels
2013 May 10 | 1448 Views
ZSE's mainstream Industrials advanced to another record level at week's end to log its 6th straight rise largely spurred by gains in selected heavyweights.The Industrials Index gained 0.54% or 1.09 points to close at 204.74 as Innscor added 1.02c or 1.11% firmer at 93.12c with its subsidiary Natfood...by Business reporter
ZSE inches closer to $6bn market cap threshold
2013 May 10 | 1396 Views
THE Zimbabwe Stock Exchange market capitalisation inched closer to the US$6 billion threshold yesterday after the main industrial index gained for the fourth consecutive day to close 1,4 percent stronger at2003,7 points. According equities firm IH Securities, the capitalisation for ZSE, which has 76...by Golden Sibanda
ZSE: Industrials rallies into uncharted territory as volumes improve
2013 May 09 | 1453 Views
ZSE's Industrials jumped to a fresh all-time high on Thursday buoyed by positive trades and volumes in Econet, Innscor and OK Zimbabwe.On a year to date basis the Industrials have done 33.63% to register their best run since dollarisation. Minings however are just 12.50% up since January.The Industr...by Business reporter
ZSE shares rally as Industrials races past 200 mark
2013 May 08 | 1685 Views
ZSE shares rallied in midweek trades with Industrials closing above the 200.00 mark for the first time since January but daily turnover stayed below the psychological $1 million level.Volumes in the market's top 2 counters Delta and Econet were below $100 000 with the most meaningful trades of the ...by Business reporter
ZSE shares advance but trading volumes remain weak
2013 May 07 | 1692 Views
ZSE shares advanced on Tuesday with the Industrials drifting towards the 200.00 mark for the first time since dollarisation albeit in thin volumes as most investors stayed on the sidelines despite a rally in selected counters.The Industrials Index advanced 2.61 points or 1.35% gain at 195.29, a new ...by Business reporter
ZSE: Industrials scratches out gains at week's end
2013 May 03 | 1800 Views
ZSE's Industrials ended the holiday shortened week In the positive territory helped largely by gains in Econet, Innscor and OK Zimbabwe.The Industrials Index gained 1.76 points or 0.93% to 191.16 as heavyweights Econet and Innscor advanced 3.90c and 1.01c each to 66c and 87.01 c respectively.Blue ch...by Business reporter
Call for mining firms to list on ZSE
2013 May 03 | 1643 Views
The Government should craft legislation that compels foreign-based mining firms operating in the country to also list on the local bourse, says MMCZ. Currently, only two foreign mining firms Bindura Nickel Corporation and Falcon Gold are listed on the Zimbabwe Stock Exchange. Large mining firms such...by Staff reporter
Industrials little changed as activity slowed ahead of Workers Day holiday
2013 April 30 | 1631 Views
ZSE's Industrials were little changed on Tuesday, the last day of the month, as activity slowed ahead of Workers Day holiday tomorrow.Gains in heavyweight counters ABC, Econet, Innscor, OK Zimbabwe and Old Mutual managed to cancel out significant losses in Meikles and Natfoods resulting in the Indus...by Business reporter
ZSE shares open week higher on selected heavyweights
2013 April 29 | 1567 Views
ZSE shares reversed last Friday's losses to open the week in the green largely on gains in BAT, Delta, Lafarge and OK Zimbabwe.The Industrials Index recovered 0.70 points or 0.37% to 189.64 with heavyweight Delta gaining 1c or 0.79% to 127c ahead of the release of its March finals on May 16.OK Zimba...by Business reporter
ZSE: Industrials snaps 2-day rising streak at week's ending
2013 April 26 | 1504 Views
ZSE shares were back in the negative territory on Friday, breaking a 2-day rising streak in a session where only 5 counters managed gains while 6 traded in the red.Volumes dropped in the session as the Confederation of Zimbabwe Industries announced that capacity utilisation in the manufacturing sect...by Business reporter
ZSE delist three listings
2013 April 26 | 1475 Views
THE Zimbabwe Stock Exchange’s interim board has ordered the termination of the listing of Barbican Holdings Limited, TZI Limited and Red Star Limited.The order, which was effected on Tuesday this week, saw the removal of the three companies from the official list of ZSE-listed companies.The term...by Business Reporter
ZSE shares rise as govt denies amending the Indigenisation Act
2013 April 25 | 1936 Views
ZSE shares stayed in the positive territory on Thursday after Indigenisation minister Saviour Kasukuwere dismissed reports that the Indigenisation Act was being amended to provide for payment of shares using mineral deposits; saying government will engage mining firms that submitted compliance plans...by Business reporter
ZSE: Market rebounds in midweek trades
2013 April 24 | 1444 Views
ZSE shares see sawed back into the positive territory on Wednesday after gains in selected counters across the board in a session where only 3 counters managed losses.Econet, which is expected to release February finals in the next one or 2 weeks, continued to falter after losing another 1c to close...by Business reporter
ZSE: Minings wades back into negative territory
2013 April 23 | 1529 Views
ZSEs mainstream Industrials stayed in the red on Tuesday as Econet share price continued to sink while Minings waded back into negative territory after posting significant gains yesterday.The Industrials Index dropped 0.15 points or 0.08% to 188.37 as telecoms giant Econet traded in the red, losing...by Business reporter
ZSE:- Minings jump 6.45% on upbeat Falgold
2013 April 22 | 1706 Views
Falgold share price jumped 5.99c or 59.84% to 16c after reporting positive gold output figures for the quarter ending March 2013 at its gold mines to help the Minings rise a significant 6.45% to 71.50 while Industrials opened the week in the red on losses in ABC and Old Mutual.The Minings Index at ...by Business reporter
ZSE shares little changed after Independence holiday
2013 April 19 | 1557 Views
ZSE shares were little changed on Friday with the 10 counters that managed gains failing to inspire Industrials, closing a modest 0.01% in the red after giving in to losses in just 4 counters after the Independence holiday yesterday.The Industrials Index dropped a marginal 0.02 points or 0.01% to 18...by Business reporter
ZSE:- Industrials recovers in hushed trades ahead of Independence holiday
2013 April 17 | 1581 Views
Industrials recovered on Wednesday after hushed trades where only 8 counters managed gains against 4 that traded lower with most heavyweight counters trading unchanged from previous levels ahead of Independence holiday tomorrow.On the political scene media reports say that President Mugabe and PM Mo...by Business reporter
ZSE:- Industrials stutters as key blue chips weaken
2013 April 16 | 1534 Views
Industrials stuttered on Tuesday after giving in to losses in heavyweights Econet, Innscor and OK Zimbabwe while Delta closed unchanged after publishing a full year trading update.Minings however managed to close in the positive after Hwange recovered 0.50c to 12.8c but remains 24.7% in the red on a...by Business reporter
ZSE:- Innscor sustains Industrials at week's opening
2013 April 15 | 1539 Views
Gains in Innscor helped the Industrials manage modest gains on Monday as telecoms blue chip Econet continues to falter.The Industrials Index ended a marginal 0.11 points or 0.06% up at 188.43 as gains in Innscor and OK Zimbabwe managed to outweigh Econet and Old Mutual losses.A significant volume o...by Business reporter
ZSE shares rebound as heavyweights trade mixed at week's end
2013 April 12 | 2012 Views
ZSE's heavily capitalised counters traded mixed on Friday with gains in Delta, Natfoods and OK Zimbabwe prevailing over losses in Econet and Innscor helping the indices to close in the positive territory.The Industrials Index recovered 0.29 points or 0.15% to 188.32 while the Minings Index was 0.36 ...by Business reporter
ZSE:- Econet, Innscor drag Industrials lower
2013 April 11 | 2109 Views
Losses in heavyweights Econet and Innscor dragged the Industrials lower for the second straight session on Thursday wiping out gains in Delta and Natfoods.The Minings sector also extended losses after the blue chips Hwange and RioZim traded lower to cancel out gains in nickel miner Bindura.The Indus...by Business reporter
ZSE shares wades back into negative territory
2013 April 10 | 1429 Views
ZSE shares were back in the red on Wednesday as heavyweight counters Hippo and Innscor traded lower to snap the 5-day rising streak.The Industrials Index dropped by 0.64 points or 0.34% to 188.38 as Hippo and Innscor eased 4.99c and 1 c each to 115c and 89c respectively. Delta and Econet traded unch...by Business reporter
ZSE;- Industrials stays firmer as Minings stutters amid improving activity
2013 April 09 | 1407 Views
ZSE's Industrials looked firmer on Tuesday after 13 counters managed gains against 3 that traded lower as buyers trooped back to the market while overall activity improved with shares worth $3,456 million transacting.The Industrials Index gained 2.84 points or 1.53% to 189.02 as heavyweight Delta re...by Business reporter
ZSE:- Industrials extends gains as Minings recover
2013 April 08 | 1572 Views
Industrials extended gains on Monday after gains in heavyweight counters Delta, BAT and Hippo while Minings recovered last Friday's losses on gains in RioZim.The Industrials Index gained 0.99 or 0.53% to 186.18 points with blue chip Delta adding 1.20c or 1.04% to 116.7c. Innscor traded unchanged at ...by Business reporter
ZSE pushes for more reforms on the local bourse
2013 April 07 | 1759 Views
ZIMBABWE Stock Exchange-listed companies may be forced to make more disclosures or republish their financial results for the just ended reporting season as the equities market regulator pushes for more reforms on the local bourse.Sources close to the developments said the Public Accountants and Audi...by Business reporter
ZSE:- Industrials scratches out modest gains at week's end
2013 April 05 | 1806 Views
ZSE's Industrials managed modest gains at week's end as gains in Delta and Innscor outweighed losses in Econet and Hippo while Minings were back in the red on Falgold's lower offer.The Industrials Index gained a marginal 0.02 or 0.01% to close at 185.19 while the Minings Index dropped 0.81 or 121% t...by Business reporter
ZSE:- Industrials advances on gains in selected heavyweights
2013 April 04 | 1672 Views
Industrials stayed in the positive territory on Thursday sustained by gains in selected heavyweights while inactivity in the resources sector saw the Minings Index dosing unchanged.The Industrials index advanced 1.39 or 0.76% to 185.28 largely on gains in Innscor, Hippo, Natfoods and OK Zimbabwe whi...by Business reporter
ZSE shares rebound as turnover rises to $3.2 million
2013 April 03 | 1681 Views
ZSE shares registered their first gains for the month of April on Wednesday following remarkable gains in Innscor, Natfoods and Hwange which managed to cancel out losses in Barclays, CBZ and Econet.The Industrials Index recovered 0.52 points or 028% to 183.89 while the Minings Index added 0.61 point...by Business reporter
ZSE shares falter after Easter holidays
2013 April 02 | 1730 Views
ZSE shares faltered after Easter holidays in mixed trades across the board as most heavily capitalised counters remained unchanged from previous levels.The volume of shares traded on the market today dropped to just 2.173 million with a value of $669 151 from 7.122 million worth $1.402 million that ...by Business reporter
ZSE launches online data portal
2013 March 26 | 2029 Views
HARARE- The ZSE has launched an online data portal which will provide information on listed companies to local investors, foreign investors and stakeholders. ZSE acting chief executive officer Martin Matanda said they have launched the information portal as part of their modernisation efforts....by Staff Reporter
ZSE:- Industrials see-saws back into positive territory in midweek trades
2013 March 20 | 1858 Views
Industrials see-sawed back into positive territory in midweek trades as rising counters outnumbered those trading lower by 11 to 4 while most heavyweight counters traded unchanged.The Industrials Index recovered 0.70 points or 0.38% to 185.91 while the Minings Index remained stable at 64.79 for the ...by Business reporter
ZSE: Industrials lose steam as heavyweights remain weak
2013 March 19 | 1824 Views
ZSE's Industrials remained in the negative territory on Tuesday dragged down largely by losses in Delta, Innscor and Hippo as activity slowed down with just 20 counters recording trades compared with 30 that traded yesterday.The Industrials Index lost 0.72 points or 0.39% to 185.21 trimming down its...by Business reporter
ZSE shares slip back into the red as heavyweights falter
2013 March 18 | 2022 Views
There were only 2 counters to trade in the positive in a Monday session where 14 counters traded lower while another 14 remained unchanged from previous levels resulting in the Industrials slipping back in the negative territory as most heavyweights traded lower.The Industrials Index lost 1.89 point...by Business reporter
ZSE: Econet rebounds to break Industrials' 4 day losing streak
2013 March 15 | 2070 Views
Econet recovered a significant 4.10c or 6.72% to 65.1c at week's end to snap Industrials 4-day losing streak.The Industrials Index recovered 2.61 points or 1.41% to 187.82 helped by gains in Econet, DZLH and OK Zmbabwe while the Minings Index remained stable at yesterday's level of 67.23 as Bindura ...by Business reporter
Lifestyle shareholders approve delisting from the ZSE
2013 March 15 | 2246 Views
HARARE - Lifestyle Holdings shareholders voted in favour of a Scheme of Arrangement which shall see them owning shares in a Mauritius-based company with Lifestyle expected to delist from the ZSE, at an extraordinary general held this morning. Acting Chairman Rugare Chidembo said the scheme is m...by Business reporter
ZSE:- Industrials logs 4th straight loss ahead of referendum weekend
2013 March 14 | 1850 Views
ZSE shares remained largely in the negative territory for the 4th consecutive session on Thursday ahead of the Constitutional referendum scheduled for this Saturday, which will pave way for the general election expected later this year.The Industrials Index dropped 2.28 points or 1.22% to 187.49 to ...by Business reporter
ZSE: Industrials continues to slide as activity improves
2013 March 13 | 2123 Views
ZSE's mainstream Industrials continued to fall in midweek trades but activity improved across the board with a total of 43 counters recording trades out of the active 69 compared with just 29 that traded yesterday.Trading activity was largely mixed across the board as selling pressure was evident in...by Business reporter
ZSE Market report:- Industrials wallows in the red
2013 March 12 | 2087 Views
ZSE's Industrials stayed in the red on Tuesday after an uninspiring session where only 4 counters managed gains against 6 that traded lower while 19 remained unchanged from previous levels.There were gains in BAT, Delta and Old Mutual but these failed to outweigh losses in Econet, OK Zimbabwe and Se...by Business reporter
ZSE shares stutter at week's opening as Zimplow new shares commence trading
2013 March 11 | 2147 Views
ZSE shares faltered in Monday morning trades as Zimplow Holdings new shares commenced trading on the ZSE.Zimplow Holdings shares added 1c to 4.5c on a volume of 1 136 353 shares. This follows the issuing of 62.25 million shares in lieu of Tractive Power Holdings shares. Tractive has been delisted wi...by Business reporter
News Updates
Latest News
CIO boss dies - The Deputy Director of Mugabe's notorious Central Inte...
by Moyo Roy | 2013 May 23 | 326 ViewsSupreme Court begins complying with the new Constitution - The Supreme...
by Staff Reporter | 2013 May 23 | 188 Views
Mugabe arrives in Addis Ababa, - President Robert Mugabe has arrived i...
by Staff Reporter | 2013 May 23 | 867 ViewsBenjani Mwaruwari Under 16 Youth Festival draw - The cat or cats are o...
by Mkhululi Mthunzi | 2013 May 23 | 651 ViewsZanu-PF perpetrated violence on cards, claims MDC-T - The Zanu-PF Join...
by Ndou Paul | 2013 May 23 | 1488 ViewsKingston Nkhatha to miss Nedbank final - Kaizer Chiefs striker Kingsto...
by Soccer Laduma | 2013 May 23 | 946 ViewsVingirai in new effort to get Intermarket back - Nicholas Vingirai's ...
by Financial Express | 2013 May 23 | 1000 ViewsWe need to bury our dead and then bring Gukurahundi perpetrators to ...
by Velempini Ndlovu | 2013 May 23 | 1271 ViewsCongratulations Zimbabwe on new constitution - ZUPA, the organisation ...
by ZUPA Team. | 2013 May 23 | 894 ViewsMonomotapa vs Highlanders update - Bosso running riot at Rufaro - ...
by Moyo Roy | 2013 May 23 | 3539 ViewsZSE shares hitting fresh highs as volumes remain depressed - ZSE's Ind...
by Business reporter | 2013 May 23 | 746 ViewsThe myth of Africa's rise - If Africa is on the rise, it is on the ris...
by Vince Musewe | 2013 May 23 | 1002 ViewsANC congratulates Zimbabwe - The ANC congratulated Zimbabwe and its Pr...
by Sapa | 2013 May 23 | 2074 ViewsSA ID cards roll-out in July - Green, bar-coded identity books will be...
by Sapa | 2013 May 23 | 2333 ViewsChina calls for stability in Zimbabwe - Chinese vice premier Wang Yan...
by AFP | 2013 May 23 | 1936 Views
Deportations of Zimbabweans escalate - The governments of Botswana and...
by Staff reporter | 2013 May 23 | 3725 ViewsPush to arrest Patrick Chinamasa - Justice and Legal Affairs minister ...
by Staff reporter | 2013 May 23 | 3936 ViewsMutasa, Chinamasa ordered to apologise - The Zanu-PF Politburo last m...
by Staff reporter | 2013 May 23 | 3191 ViewsZanu-PF in VP dilemma - FORMER Zanu-PF politburo member Dumiso Dabeng...
by Njabulo Ncube | 2013 May 23 | 3310 ViewsJoice Mujuru finds only 9 voters on roll - Deputy Prime Minister Aurth...
by Staff reporter | 2013 May 23 | 3912 Views
UK terrorist proclaimed 'an eye for an eye' after attack
by Gordon Rayner and Steven Swinford | 2013 May 23 | 2253 Views
iBlogs
Hacked
now, some passwords will be too hard for me to get, some...not so muchGoodluck!(\__/) ________(+'.'+) [ 4p ](")_(") ...0
