ZIMBABWE

Foreigners buy 5m Delta Corporation shares

FOREIGN investors snapped up over five million shares in beverages maker Delta on Monday and yesterday at the Zimbabwe Stock Exchange as the stocks continue to draw interest.On Monday, over 3,1 millio...

By Staff reporter | Published: 04 December 2013

ZSE TODAY

ZSE Industrials falters in Tuesday trades

ZSE's Industrials faltered on Tuesday weighed down by losses in heavyweights Econet and Delta whist Minings improved on gains in Bindura.Only 3 counters managed gains against 8 that traded lower while...

By Staff reporter | Published: 03 December 2013

ZIMBABWE

ZSE demutualisation faces fresh hurdle

The demutualisation of the Zimbabwe Stock Exchange is facing a fresh hurdle with six non-participating members said to be demanding substantial shares in the new entity. The ZSE is in the process of t...

By Business Reporter | Published: 03 December 2013

ZIMBABWE

ZSE listing requirements out next year

The Zimbabwe Stock Exchange says new listing requirements will be released next year as the market seeks to operate in line with modern trading systems.In a statement to investors, the local bourse sa...

By Staff reporter | Published: 02 December 2013

ZSE TODAY

Blue chips help Industrials open the week firmer

Heavily capitalised counters Delta, Econet and OK Zimbabwe extended gains on Monday to help the Industrials open the new week in the positive.The Industrials Index added 0.87points or 0.41% to 213.91...

By Staff reporter | Published: 02 December 2013

ZSE TODAY

Industrials remains subdued as volumes recover

Industrials remained subdued at week's end weighed down by heavyweights Innscor and OK Zimbabwe but daily market turnover recovered from yesterday to close above the $1 million level after meaningful...

By Staff reporter | Published: 29 November 2013

ZSE TODAY

ZSE trading activity tumbles

Trading activity on the ZSE slumped on Thursday with daily market turnover closing below the psychological $1 million level having recorded meaningful trades in the past 4 sessions while Industrials ...

By Staff reporter | Published: 28 November 2013

ZSE TODAY

Foreign deals spur ZSE turnover

Foreign investors trading mostly in Delta and Econet spurred ZSE daily turnover on Wednesday as Industrials waded back into the red.There were significant deals in Delta worth $942 947 and Econet wher...

By Staff reporter | Published: 27 November 2013

ZSE TODAY

Delta, BAT steer Industrials into the positive territory

Volumes trading on the ZSE remained reasonable for the 3rd straight session as gains in BAT and Delta steered Industrials into the positive territory.Total daily market turnover improved to $2,396 mi...

By Staff reporter | Published: 26 November 2013

ZIMBABWE

Delta shares jump 9.5%

Delta Corporation Limited's shares have jumped 9.5 percent in a broadly depressed market after the giant beverage maker announced a $16 million interim dividend last week. The stock rose from US137,50...

By Business Reporter | Published: 25 November 2013

ZSE TODAY

Busy start to the trading week

Industrials remained weak at week's opening weighed down by losses in blue chips Econet and OK Zimbabwe but trading activity looked strong for usual Monday trading sessions.The number of risers equal...

By Staff reporter | Published: 25 November 2013

ZIMBABWE

Dry spell continues on ZSE

The dry spell on the stock market continued this week with heavy weight counters recording lower trades, which is a reflection of the persistent low economic activity levels within the economy which a...

By Staff reporter | Published: 22 November 2013

ZSE TODAY

Special bargains push market turnover to $2.9m

ZSE volumes recovered on Friday buoyed by 2 special deals in African Sun and FBC but trading across the board remained weak with only 3 counters managing gains at the close.Total market turnover imp...

By Staff reporter | Published: 22 November 2013

ZSE TODAY

Industrials seesaw back into negative territory

Activity slowed on the ZSE on Thursday as Industrials closed in modest losses largely dragged by weak trading across the board and retail heavyweight OK Zimbabwe which managed to cancel out gains in ...

By Staff reporter | Published: 21 November 2013

ZIMBABWE

SECZ appeals Renaissance Securities ruling

THE Securities and Exchange Commission of Zimbabwe intends to appeal to the Supreme Court against a High Court ruling dismissing its directive to stop the liquidator of Renaissance Securities from di...

By Business Reporter | Published: 21 November 2013

ZIMBABWE

ZSE mulls quarterly reports

FEARS abound in the equities market that plans by the Zimbabwe Stock Exchange to introduce quarterly reporting for listed firms could blow up company costs further precipitating the delisting of cash-...

By Business Reporter | Published: 21 November 2013

ZIMBABWE

Trust Holdings delisted from the ZSE

Trust Holdings has been removed from the ZSE official list with effect from today. Trust applied for the company's shares to be temporarily suspended from trading on May 27 this year and the ZSE ...

By Staff reporter | Published: 20 November 2013

ZSE TODAY

ZSE turnover improves to above the $2m mark

ZSE's Industrials recovered from yesterday's losses to end in the positive as blue chips Delta, Econet and SeedCo traded on the upside.The Industrial Index gained 0.35 points or 0.16% to 217.53 as bl...

By Staff reporter | Published: 20 November 2013

ZSE TODAY

Decent trades recorded in Delta, Econet and Barclays

Industrials closed in modest losses on Tuesday after giving in to losses in conglomerate Innscor but trading activity across the board improved with significant number of counters managing trades.A t...

By Staff reporter | Published: 19 November 2013

ZIMBABWE

ZSE raises $1,5m for automation

THE Zimbabwe Stock Exchange has raised $1,5 million for the automation of the domestic bourse through the issue of a five-year bond, an official said yesterday.The bond, which was structured by Ernst ...

By Staff reporter | Published: 19 November 2013

ZIMBABWE

ZSE shrugs off economic downturn

THE Zimbabwe Stock Exchange market capitalisation continues on a recovery path since the formation of the new government as investors renew their interest on the bourse despite underperformance of key...

By Staff reporter | Published: 19 November 2013

ASIA PACIFIC

Asia shares mostly up

Hong Kong - Asian markets mostly rose on Monday, adding to last week's gains, with Hong Kong and Shanghai boosted by China's reforms aimed at giving private firms a greater role in the economy.Traders...

By AFP | Published: 18 November 2013

EUROPE

European shares edge lower

London - European shares edged lower early on Monday, with investors taking some money off the table after six straight weeks of gains and looking for fresh catalysts to push the market back towards r...

By Reuters | Published: 18 November 2013

ZSE TODAY

Delta spurs Industrials at week's opening

ZSE's Industrials stayed in the positive territory on Monday largely buoyed by strong trades in Delta and Natfoods.The Industrials Index gained 1.04 points or 0.48% to 217.27 taking its gains in the y...

By Staff reporter | Published: 18 November 2013

ZSE TODAY

ZSE Industrials snap winning streak

Industrials snapped the rising streak on Thursday after the market's heavily capitalised counters closed largely mixed in a rather sluggish trading session.The Industrials Index eased 0.30 or 0.14% to...

By Staff reporter | Published: 14 November 2013
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