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Zimbabwe Stock Exchange volumes quadruple

THE number of shares that exchanged hands on the Zimbabwe Stock Exchange (ZSE) last month more than quadrupled to 602 947 421 as the local bourse continued to rally after a record postâˆšÂ¢â€šÃ‡Â¨â€šÃ„Ã´election dip, official figures have …

Published: 06 Nov 2013 at 06:00hrs | 1 | by Business reporter

ZSE shares sink in post election market bloodbath

ZSE's Industrials plunged 11.09% on Monday as panicked investors flee the bourse in post election market bloodbath that saw the heaviest sell-off since dolarisation.The Industrials Index dropped 25.64 points or 11.09% to 205.57 trimming it…

Published: 05 Aug 2013 at 10:55hrs | | by Business reporter

Industrials ends the week in positive territory on thin volumes

Industrials ended the first week of the second half of the year in the positive territory as heavyweights continued to recover albeit in thin volumes.The Industrials Index gained 1.62 points or 0.76% to 215.09 on gains in heavyweight count…

Published: 05 Jul 2013 at 10:27hrs | 2 | by Business reporter

ZSE shares weaken further after heavyweight losses

Heavyweight counters Delta and Econet along with the broader market remained in the red with only 2 counters managing gains out of the 39 counters that traded.The Industrials Index continue to slide down, dropping 1.79 or 1.02% to 209.19 a…

Published: 02 Jul 2013 at 16:42hrs | | by Business reporter

ZSE shares close weaker at start of year's 2nd half

ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.10% to 210.98 as heavyweight counters remained w…

Published: 01 Jul 2013 at 16:44hrs | | by Business reporter

Industrials falters at half year end but still up 38.58% in the year

ZSE's Industrials ended the first half of 2013 in the red as the market's most capitalised counter Delta clocked 4 straight sessions trading in the red.The trading session was however highlighted by a block deal of 51.58 million FBC shares…

Published: 28 Jun 2013 at 18:02hrs | | by Business reporter

ZSE: Industrials continues to lose ground ahead of half year end

ZSE's Industrials slumped to their seventh consecutive loss on Thursday as Delta shares plummeted again amid selling pressure with just one trading session left in the first half of 2013.The Industrials Index eased 1.86 or 0.87% to 212.57 …

Published: 27 Jun 2013 at 17:27hrs | | by Business reporter

ZSE: Industrials continues to slide on weak blue chips

Heavyweight counters on the ZSE remained weak on Wednesday and dragged the Industrials lower for the 6th straight session as the Constitutional Court was hearing election date extension application this morning.Agro-industrial based counte…

Published: 26 Jun 2013 at 17:38hrs | 3 | by Business reporter

Industrials extends losses at week's opening

Zimbabwe Stock Exchange shares drifted lower on Monday as some investors sought to lock in profits and consolidate from recent gains. Trading activity was reasonable for the beginning of the week with total transaction value at $1.187 mill…

Published: 24 Jun 2013 at 10:58hrs | 2 | by finx

ZSE shares little changed in mixed session

Zimbabwe Stock Exchange shares closed little changed on Monday holding on to marginal gains in a mixed session as political parties try to map out the way forward with the elections.Following the SADC EGM held in Maputo over the weekend, t…

Published: 17 Jun 2013 at 15:38hrs | | by Business reporter

ZSE shares end week lower on profit taking

ZSE shares ended lower on Friday as investors extended profit taking mostly in Delta to a third straight session.The Industrials Index closed the week in the red after easing 0.08 points or 0.04% to 219.59 as heavyweights Delta and OK Zimb…

Published: 14 Jun 2013 at 10:52hrs | 1 | by Business reporter

Delta drags Industrials lower as BAT shares hit $9

Delta shares dragged the Industrials lower for the second consecutive session on Thursday largely on profit taking whie BAT shares advanced to another all-time best of $9.The Industrials Index eased 1.98 points or 0.89% to 219.67 points as…

Published: 13 Jun 2013 at 11:18hrs | | by Business reporter

Industrials snap record rising streak in midweek trades

Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to trade lower but heavyweight Delta accounting fo…

Published: 12 Jun 2013 at 11:44hrs | | by Business reporter

ZSE: Industrials break the 215 ceiling as activity improves

The mainstream Industrials raced past the 215 barrier for the first time since dollarisation on Thursday amid improving activity on the floor with 14 counters managing gains out of the 31 that traded.The Industrials Index gained 1.95 point…

Published: 06 Jun 2013 at 11:14hrs | 2 | by Business reporter

ZSE: Industrials advances to record levels in thin trades

ZSE's Industrials advanced to another fresh high on Wednesday with buyers still looking in selected counters albeit in thin trades.The Industrials Index gained 1.18 or 0.55% to 214 points with Innscor closing 1.19% higher at 93.3c with buy…

Published: 05 Jun 2013 at 12:49hrs | | by Business reporter

Industrials bounces back as buyers resurface in selected counters

Industrials recovered on Tuesday from yesterday's losses largely on gains in Delta and Innscor as reasonable buyers resurfaced in some counters.The Industrials Index recovered 1.49 points or 0.71% to 212.82, another all-time high, taking i…

Published: 04 Jun 2013 at 11:47hrs | | by Business reporter

ZSE: Econet, Innscor drag Industrials lower at week's opening

Industrials opened the first trading session of June in the red after heavyweights Econet and Innscor, the only counters to trade lower, managed to cancel out gains in 5 other counters.The Industrials Index eased 0.78 points or 0.37% to 21…

Published: 03 Jun 2013 at 10:59hrs | | by Business reporter

ZSE: Industrials slips into the red as Delta stutters

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…

Published: 21 May 2013 at 12:23hrs | | by Business reporter

ZSE Industrials sets another record level

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.…

Published: 17 May 2013 at 11:19hrs | 1 | by Business reporter

ZSE shares continues to rise as activity slows

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 Ind…

Published: 16 May 2013 at 11:26hrs | | by Business reporter

ZSE: Industrials hits fresh all-time high in midweek trades

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 Zimbabw…

Published: 15 May 2013 at 14:44hrs | | by Business reporter

ZSE: Industrials rebounds but closed off its all-time high

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…

Published: 14 May 2013 at 13:26hrs | | by Business reporter

ZSE: Industrials snaps 6-day rising streak at week's opening

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…

Published: 13 May 2013 at 12:03hrs | 7 | by Business reporter

ZSE: Industrials advances to record levels

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 adde…

Published: 10 May 2013 at 10:50hrs | | by Business reporter

ZSE: Industrials rallies into uncharted territory as volumes improve

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.…

Published: 09 May 2013 at 11:47hrs | | by Business reporter

ZSE shares rally as Industrials races past 200 mark

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…

Published: 08 May 2013 at 11:09hrs | | by Business reporter

ZSE: Industrials scratches out gains at week's end

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…

Published: 03 May 2013 at 10:34hrs | 1 | by Business reporter

ZSE shares rise as govt denies amending the Indigenisation Act

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 govern…

Published: 25 Apr 2013 at 12:30hrs | 1 | by Business reporter

ZSE: Minings wades back into negative territory

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% …

Published: 23 Apr 2013 at 12:07hrs | | by Business reporter

ZSE:- Minings jump 6.45% on upbeat Falgold

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 t…

Published: 22 Apr 2013 at 10:35hrs | 2 | by Business reporter

ZSE shares little changed after Independence holiday

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 In…

Published: 19 Apr 2013 at 10:49hrs | | by Business reporter

ZSE:- Industrials stutters as key blue chips weaken

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 Hwan…

Published: 16 Apr 2013 at 11:59hrs | 1 | by Business reporter

ZSE:- Innscor sustains Industrials at week's opening

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 …

Published: 15 Apr 2013 at 10:01hrs | | by Business reporter

ZSE:- Econet, Innscor drag Industrials lower

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 trade…

Published: 11 Apr 2013 at 11:12hrs | | by Business reporter

ZSE;- Industrials stays firmer as Minings stutters amid improving activity

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 …

Published: 09 Apr 2013 at 12:20hrs | 2 | by Business reporter

ZSE:- Industrials extends gains as Minings recover

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 …

Published: 08 Apr 2013 at 11:58hrs | 3 | by Business reporter

ZSE:- Industrials scratches out modest gains at week's end

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 c…

Published: 05 Apr 2013 at 12:16hrs | 1 | by Business reporter

ZSE:- Industrials advances on gains in selected heavyweights

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 lar…

Published: 04 Apr 2013 at 12:56hrs | | by Business reporter

ZSE shares rebound as turnover rises to $3.2 million

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 poin…

Published: 03 Apr 2013 at 10:53hrs | 2 | by Business reporter

ZSE:- Industrials see-saws back into positive territory in midweek trades

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…

Published: 20 Mar 2013 at 11:50hrs | 3 | by Business reporter

ZSE: Econet rebounds to break Industrials' 4 day losing streak

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 In…

Published: 15 Mar 2013 at 13:17hrs | 1 | by Business reporter

ZSE:- Industrials logs 4th straight loss ahead of referendum weekend

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…

Published: 14 Mar 2013 at 11:54hrs | | by Business reporter

ZSE: Industrials continues to slide as activity improves

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 larg…

Published: 13 Mar 2013 at 12:47hrs | | by Business reporter

ZSE Market report:- Industrials wallows in the red

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 …

Published: 12 Mar 2013 at 11:41hrs | | by Business reporter

ZSE Market Report:- Industrials rebounds at week's end

ZSE's Industrials were back in the positive territory on Friday after gains in Delta managed to cancel out losses in Econet and Innscor.The Industrials Index added 1.11 points or 0.58% to 190.96 while the Minings Index remained stable at 7…

Published: 08 Mar 2013 at 10:40hrs | | by Business reporter

ZSE:- Delta, Innscor snap Industrials' 4-day rising streak

A raft of selling pressure in Econet and market reaction to Innscor's below expectations December interims saw the Industrials snap its 4-consecutive day rising streak in Thursday's trades.The Industrials Index dropped 0.76 points or 0.40%…

Published: 07 Mar 2013 at 10:43hrs | | by Business reporter

ZSE Market Report:- Industrials rises as blue chips rebound

ZSE's heavily capitalised counters rebounded on Tuesday to help Industrials recover from losses recorded in the past 2 sessbns as buyers trickled back into a few selected counters.The Industrials Index recovered 1.60 points or 0.88% o 182.…

Published: 19 Feb 2013 at 11:18hrs | | by Business reporter

ZSE:- Industrials slides again as profit taking weighs off recent gains

Industrials slid again on Thursday as investors continued to recoup profits in selected counters that recorded significant gains over the past 5 weeks.The Minings Index however rebounded 0.89 points or 1.06% to 84.96 following gains in Bin…

Published: 07 Feb 2013 at 10:32hrs | 1 | by Business reporter

ZSE:- Industrials rally slows as turnover tops $4.9 million

ZSE's Industrials upbeat momentum built up since' January 3 slowed on Tuesday with most heavyweight counters trading unchanged from previous levels but volumes improved as daily total market turnover rose to $4,859 million, its best level …

Published: 05 Feb 2013 at 12:37hrs | | by Business reporter

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