ZIMBABWE

'ZSE to continue trending upwards'

The market is anticipated to trend upwards in the near future as institutional investors invest in the Zimbabwe Stock Exchange (ZSE), despite a lack of support from fundamentals, local analysts say.E...

By Staff reporter | Published: 19 July 2017

ZSE TODAY

Market Commentary 18 July 2017

INDUSTRIALSThe Industrial Index retreated by 0.65 points (0.33%) to close at 197.90 points. Losses were seen in the seed producer SEEDCO (SEED.zw) which dropped $0.0825 to close at $1.2525 and MEIKLE...

By zse | Published: 19 July 2017

ZIMBABWE

IPO expected on ZSE this year

The Zimbabwe Stock Exchange could this year register its second initial public offering listing since dollarisation while three more companies are eyeing listings on the debt market.Of the four prospe...

By Staff reporter | Published: 18 July 2017

ZIMBABWE

ZSE opens week in green

The industrial index moved closer to 200 point mark after it opened the week firmer at 198.55 points following a 0.14 point gain.Trading activity was subdued in today's session.CFI Holdings soared 3....

By Staff reporter | Published: 17 July 2017

ZSE TODAY

Market Commentary 17 July 2017

INDUSTRIALSThe Industrial Index moved closer to 200 point mark after it opened the week firmer at 198.55 points following a 0.14 point (0.07%) gain. Trading activity was subdued in today's session. C...

By zse | Published: 19 July 2017

ZIMBABWE

'Shadow economy to blame for cash shortages'

FINANCE minister Patrick Chinamasa has disclosed that cash deposits of $760 million are needed to solve the cash crisis currently bedevilling the country.Chinamasa told the Senate on Thursday that peo...

By Staff reporter | Published: 15 July 2017

ZSE TODAY

Market Commentary 14 July 2017

INDUSTRIALSThe Industrial Index gained 0.36 points (0.18%) to close the week at 198.41 points as two counters gained ground. HIPPO (HIPO.zw) added $0.0250 to close at $0.8500 while  AXIA (AXIA.z...

By zse | Published: 14 July 2017

ZSE TODAY

Market Commentary 13 July 2017

INDUSTRIALSThe Industrial Index recovered 0.20 points (0.10%) to close at 198.05 points as demand remains firm ascross the board. FIRST MUTUAL LIFE (FML.zw) traded $0.0050 higher to settle at $0.1100...

By zse | Published: 14 July 2017

ZIMBABWE

ZSE recovers from losses

Trading on the Zimbabwe Stock Exchange recovered from losses to register gains on the back of renewed investor interest.The industrial index recovered 0.20 points to close at 198.05 points as demand r...

By Staff reporter | Published: 13 July 2017

ZSE TODAY

Market Commentary 12 July 2017

INDUSTRIALSThe Industrial Index lost a further 0.07 points (0.04%) to close at 197.85 points. SEEDCO (SEED.zw) traded $0.0337 lower at $1.3663 whilst ARISTON (ARIS.zw) dropped $0.0020 to settle at $0...

By zse | Published: 14 July 2017

ZSE TODAY

Market Commentary 11 July 2017

INDUSTRIALSThe Industrial Index retreated 0.35 points (0.18%) to settle at 197.92 points as four counters lost ground. SEEDCO (SEED.zw) shed $0.0499 to trade at $1.4000, MEIKLES (MEIK.zw) eased $0.04...

By zse | Published: 14 July 2017

ZIMBABWE

ZSE market capitalisation for June rose 20%

THE Zimbabwe Stock Exchange (ZSE) market capitalisation for the month of June, rose 20,09% to close at $5,99 billion, an IH securities report has shown.According to the brokerage firm, the Industrial ...

By Staff reporter | Published: 11 July 2017

ZSE TODAY

Market Commentary 10 July 2017

INDUSTRIALSThe Industrial Index opened the week on a higher note after putting on 0.34 points (0.17%) to close  at 198.27 points. TSL (TSL.zw) added $0.0070 to close at $0.2325, FIRST MUTUAL (FM...

By zse | Published: 14 July 2017

ZSE TODAY

Market Commentary

INDUSTRIALSThe Industrial Index was marginally up by 0.03 points (0.02%) to close at 197.93 points on the back of subdued trading activity. Three counters went up; OLD MUTUAL (OML.zw) gained $0.0100 t...

By ZSE | Published: 07 July 2017

ZSE TODAY

Market Commentary

INDUSTRIALSThe Industrial Index continued strengthening by adding 0.26 points (0.13%) to close at 197.90 points. AXIA (AXIA.zw) increased by $0.0096 to trade $0.1096, AFRICAN SUN (ASUN.zw) gained $0.0...

By ZSE | Published: 06 July 2017

ZIMBABWE

ZSE poised to break $6 billion mark

The Zimbabwe Stock Exchange (ZSE) seemed poised to break the US$6 billion market capitalisation record with investors piling further into equities in June.As of Wednesday, industrials were valued at U...

By Staff reporter | Published: 06 July 2017

ZSE TODAY

Market Commentary

INDUSTRIALSThe Industrial Index continued its resurgence as it added 0.91 points (0.46%) to close at 197.64 points. SEEDCO (SEED.zw) was $0.0400 solid at $1.4500, HIPPO (HIPO.zw) moved up by $0.0100 t...

By ZSE | Published: 05 July 2017

ZSE TODAY

Market Commentary

INDUSTRIALSThe Industrial Index extended by a further 0.58 points (0.30%) to close at 196.73 points. OLD MUTUAL (OML.zw) added $0.0475 to close at $3.9200, HIPPO (HIPO.zw) increased by $0.0474 to trad...

By online | Published: 04 July 2017

ZSE TODAY

Industrials sinks further into the red

The mainstream industrial index sunk further into the red with a 0.80 loss to settle at 100.59 in today's trades.Beverages giant Delta led the shakers with a $0,0163 decline to close at $0,6812 just a...

By Staff reporter | Published: 14 July 2016

ZSE TODAY

Industrials extend losses

The local equities market was again dragged down by the mainstream industrial index which shed 0.35 to close at 101.39.This was on the back of the majority of counters that traded today playing in neg...

By Staff reporter | Published: 12 July 2016

ZIMBABWE

Banks tighten cash withdrawal limits

The shortage of cash in Zimbabwe continues unabated with banks continuing to tighten screws on withdrawal caps; taking down limits to as low as $50 and $100 per day.The demand for cash has continued t...

By Staff reporter | Published: 12 July 2016

AFRICA

JSE shortens settlement cycle

JOHANNESBURG - THE JSE shortened its settlement cycle from five to three days yesterday, a move that should boost the value and numbers of trades it handles daily. Known as "T+3", the project has been...

By Staff reporter | Published: 12 July 2016

ZIMBABWE

ZSE demutualisation exercise done

THE Zimbabwe Stock Exchange (ZSE) has effectively completed its demutualisation exercise after it held its first meeting as a private company last Friday. However, it reported a US$1,1 million loss fo...

By Staff reporter | Published: 12 July 2016

ZSE TODAY

ZSE in sixth consecutive loss

Equities recorded their sixth consecutive loss after the industrial index lost 0.47 (or 0,31 percent) to close at 150.08 in today's trades.Delta was a cent lower at 101 cents, CFI eased 0,49 cents to ...

By Staff reporter | Published: 24 June 2015

ZSE TODAY

Heavyweights keep equities market down

The equities market extended losses on the back losses in a number of heavyweight counters led by beverages giant Delta.The industrial index retreated 1.30 (or 0,86 percent) to settle at 150.55 after ...

By Staff reporter | Published: 23 June 2015
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