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MDC-T will transform mining sector- Mashakada
MDC-T deputy Secretary general Tapiwa Mashakada has said his party will transform the mining sector into a sector that will develop the nation through its proceeds.He said the one sector that ...Published: 08 May 2017 at 07:03hrs | | by Stephen Jakes
Strive Masiyiwa's Econet sheds $354 million in value
TELECOMMUNICATIONS giant Econet Wireless Zimbabwe (EWZ) had $354 million of its value shaved off last year, tumbling from being second-biggest counter to the fourth largest by market capitalisation on...Published: 17 Jan 2016 at 09:15hrs | 1 | by Enacy Mapakame
Zimbabwe Stock Exchange free fall continues
The Zimbabwe Stock Exchange market capitalisation declined for the ninth consecutive month, shedding 9,38 percent to $3,66 billion in November, reflecting the chronic challenges besetting virtuall...Published: 07 Dec 2015 at 07:18hrs | | by Staff reporter
ZSE loses $1 billion
Zimbabwe's equities market has lost nearly $1 billion in one week following the controversial re-election of President Robert Mugabe.The southern African country's bourse - which had a market...Published: 12 Aug 2013 at 09:19hrs | 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 dropp...Published: 05 Aug 2013 at 10:55hrs | | by Business reporter
ZSE index gained 9% in July
The Zimbabwe Stock Exchange industrial index registered a 9,75 percent gain last month, as heavyweight stocks Delta, Econet and Innscor strengthened.Delta registered 7,14 percent, Econet...Published: 05 Aug 2013 at 05:24hrs | | by Business Reporters
ZSE:- Industrials rises to another record level in post election trades
ZSE's Industrials continued to rise to record levels on Thursday in a rather quiet post election trading session where only 4 counters managed gains while only one ended in the red out of the 22 count...Published: 01 Aug 2013 at 10:42hrs | | by Business reporter
ZSE's Industrials extends gains in pre-election trades
ZSE's Industrials extended their gains to another uncharted territory on Monday in pre-election trading with just a day to go before the 2013 harmonised elections.The Industrials Index gained ...Published: 29 Jul 2013 at 12:35hrs | | by Business reporter
ZSE reaches all-time high
The Zimbabwe Stock Exchange (ZSE) has reached an all-time high, with the Industrial Index reaching the 223.89 point level for the first time since dollarisation.The ZSE has now gained 53....Published: 12 Jul 2013 at 14:14hrs | | 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 ...Published: 05 Jul 2013 at 10:27hrs | | 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...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 0.1...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 highligh...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 I...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 th...Published: 26 Jun 2013 at 17:38hrs | 1 | by Business reporter
Industrials weaken on heavyweights' sell-off
Selling pressure in mostly heavily capitalised counters saw the Industrials close in the red on Tuesday for the 5th consecutive session.The Industrials Index dropped 1.73 points or0.80% to 215...Published: 25 Jun 2013 at 13:02hrs | | 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 w...Published: 24 Jun 2013 at 10:58hrs | | by finx
ZSE: Dairibord in 13% sell off after profit warning
Dairibord fell 13% on Wednesday after the group warned that profitability for the half year to June will be lower than the comparable year ago period after the first quarter plant rationalisation dis...Published: 19 Jun 2013 at 14:43hrs | | by Finx
Delta, Barclays help ZSE Industrials firm
Delta's marginal recovery helped both stocks and turnover rise on Tuesday as investors c...Published: 18 Jun 2013 at 16:29hrs | | 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 ...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....Published: 14 Jun 2013 at 10:52hrs | | 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...Published: 13 Jun 2013 at 11:18hrs | | by Business reporter
BancABC settles $10 million debt after losing Supreme Court case
BancABC has settled the nearly $10 million (R86.98 million) owing to Mackie Diamonds after the banking group lost a Supreme Court case.Earlier in the day, property worth millions of dollars ha...Published: 13 Jun 2013 at 05:14hrs | 1 | by Financial Express
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 ...Published: 12 Jun 2013 at 11:44hrs | | by Business reporter
Delta, Innscor hit record highs as Industrials rallies past the 220 mark
Delta and Innscor shares extended their gains and soared to new record highs record highs on Tuesday as Industrials raced past the 220.00 mark for the first time to take its gains in the year to 46.71...Published: 11 Jun 2013 at 11:35hrs | | by Business reporter
Industrials extends record rise as Innscor shares close above $1
Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...Published: 10 Jun 2013 at 10:20hrs | | 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....Published: 06 Jun 2013 at 11:14hrs | | 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 wit...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 ...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 In...Published: 03 Jun 2013 at 10:59hrs | | by Business reporter
Econet results fail to cheer ZSE shares
ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or...Published: 31 May 2013 at 10:51hrs | | by Business reporter
ZSE:- Econet steers Industrials back into the positive territory
There was not even a single share to trade lower on the ZSE on Thursday as Industrials rebounded to winning ways helped by gains in Econet ahead of its February finals and analysts briefing this after...Published: 30 May 2013 at 10:52hrs | | by Business reporter
ZSE: Innscor see-saws lower as Industrials slips into the red
Innscor shares see-sawed back into the red on Wednesday as Industrials slid back into the negative territory while volumes improved sightly buoyed by a block deal in Pearl Properties.The Indus...Published: 29 May 2013 at 12:05hrs | | by Business reporter
Masimba Holdings continues to firm as ZSE rebounds
Masimba Holdings performance in the year to date rose to 183.33% on Tuesday as the company continued to firm towards the $20 million market capitalisation mark with the price getting closer to its NAV...Published: 29 May 2013 at 04:38hrs | | by Business reporter
ZSE: Innscor snaps Industrials record setting run
Innscor was the only counter to trade lower on Monday and managed snap the mainstream Industrials' 3-day record setting run, closing a modest 0.15% off its all-time high of 212.08 but overall trading ...Published: 27 May 2013 at 11:45hrs | | by Business reporter
ZSE: Industrials advances to cap record week
ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded lo...Published: 24 May 2013 at 10:45hrs | | by Business reporter
ZSE shares hitting fresh highs as volumes remain depressed
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 significa...Published: 23 May 2013 at 12:57hrs | | by Business reporter
ZSE: Delta shares rebound to lift Industrials into record territory
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 yeste...Published: 22 May 2013 at 12:58hrs | | 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 lift...Published: 21 May 2013 at 12:23hrs | | by Business reporter
ZSE: Industrials manages modest gains as miners falter in thin trades
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 ...Published: 20 May 2013 at 11:07hrs | | 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 ma...Published: 17 May 2013 at 11:19hrs | | 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 t...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...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 ...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 ...Published: 13 May 2013 at 12:03hrs | | 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 ...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 a...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...Published: 08 May 2013 at 11:09hrs | | by Business reporter
ZSE shares advance but trading volumes remain weak
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 r...Published: 07 May 2013 at 13:48hrs | | by Business reporter
Delta shares hit $1,30 for the first time
Delta shares closed at their all-time best level of 130.01c on Monday ahead of the release of March finals next week and helped the Industrials hit a new all time high of 192.68. But volumes remained ...Published: 06 May 2013 at 11:59hrs | | by Business reporter
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