ZIMBABWE

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 surged ...

By Business Reporters | Published: 05 August 2013

ZSE TODAY

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...

By Business reporter | Published: 01 August 2013

ZSE TODAY

ZSE further extends gains ahead of harmonised elections

ZSE Industrials extended their gains with Minings recovering ahead of the harmonised elections tomorrow.The Industrials Index gained 0.90 or 0.39% to 232.87 points buoyed by OK Zimbabwe which advanced...

By Business reporter | Published: 30 July 2013

ZSE TODAY

ZSE demutualisation deferred

The government says demutualisation of the Zimbabwe Stock Exchange (ZSE) has been postponed to January next year to pave way for the mobilisation of funds.The much anticipated demutualisation of the Z...

By Business reporter | Published: 30 July 2013

EUROPE

Barclays to issue £5.8bn new shares

Barclays will issue £5.8bn in new shares as part of a move to plug a £12.8bn capital shortfall created by new regulatory demands.The bank will also issue £2bn of bonds that are turned into shares ...

By Business reporter | Published: 30 July 2013

EUROPE

Deals fail to lift US stocks

NEW YORK - Deal news was responsible for the two biggest movers on the S&P 500 on Monday, as advertising company Interpublic Group led the benchmark index on news of an industry merger, and Perrig...

By FT | Published: 30 July 2013

ZSE TODAY

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 1.39 poi...

By Business reporter | Published: 29 July 2013

ZIMBABWE

ZSE ranked 4th in Africa on weekly turnover

The Zimbabwe Stock Exchange (ZSE) is now ranked fourth in Africa in terms of weekly turnover due to a rebound in trading conditions.A report released by the African Association of Stock Exchanges show...

By Staff reporter | Published: 27 July 2013

ZSE TODAY

Industrials rises back into record territory

ZSE's Industrials marched back into record territory on Friday as buyers resurfaced in blue chip Delta and a few selected counters ahead of elections next Wednesday.The Industrials Index added 3.08 p...

By Business reporter | Published: 26 July 2013

ZIMBABWE

Swedish firm wins ZSE CSD contract

SWEDISH company CMC Markets has been assigned to set up the Zimbabwe Stock Exchange's Central Securities Depository as the domestic bourse moves in line with global trends of paperless securities trad...

By Business Reporter | Published: 26 July 2013

AMERICAS

Facebook shares soar as users, mobile ads climb

SAN FRANCISCO - Facebook Inc delivered strong evidence it can thrive on smartphones and tablets on Wednesday, reporting a much better-than-anticipated surge in mobile advertising revenue in the second...

By Reuters | Published: 25 July 2013

ZSE TODAY

ZSE shares weaken further in subdued trades

ZSE shares fell for the second consecutive session on Wednesday after mostly subdued trades ahead of harmonised elections next week.There were only 26 counters to trade on the day with 5 closing in th...

By Business reporter | Published: 24 July 2013

ZIMBABWE

Harare Stock Exchange on cards

THE post-election Zanu-PF Government plans to establish another securities trading bourse known as the Harare Stock Exchange with a separate platform for exclusive participation by indigenous investor...

By Business reporter | Published: 24 July 2013

ZIMBABWE

ZSE to finalise new listing rules by November

The ZSE will have new listing requirements by November as the bourse pushes for more disclosures in line with modern trading trends, chief executive officer Alban Chirume has said. Speaking at the fir...

By Business reporter | Published: 24 July 2013

ZSE TODAY

ZSE shares falter as Afre changes name to First Mutual

ZSE shares were back in the negative territory on Tuesday after losses across the board and hushed trades in heavyweight counters as Afre changed its name on the ZSE official list to First Mutual Hold...

By Business reporter | Published: 23 July 2013

ZSE TODAY

Industrials rebounds to another record level

ZSE's Industrials were back to record levels on Friday as gains in selected counters managed to outweigh Delta's losses amid significant volumes.Daily market turnover eased to $3,487 million on a volu...

By Business reporter | Published: 19 July 2013

ZSE TODAY

Astra block deal highlights ZSE but shares remain weak

A special of 88.53 million Astra shares at 6.213c, a premium of 38.07% from the last trading price of 4.5c, pushed through by brokers Bethel Equities saw the total market turnover jumping to $7,816 mi...

By Business reporter | Published: 18 July 2013

ZSE TODAY

Industrials snaps record run on losses in blue chips

Heavyweight counters Delta, Econet and Hippo fell on Wednesday to snap the Industrials' 10-day record making run streak as the markets protagonists were mostly selling to recoup profits.The Industrial...

By Business reporter | Published: 17 July 2013

ZSE TODAY

Industrials extends record run as daily turnover rises

Industrials pushed to fresh highs on Tuesday as heavyweight counters Delta, Econet and Innscor extended gains amid rising volumes across the board.The Industrials Index gained 2.07 points or 0.92% to ...

By Business reporter | Published: 16 July 2013

ZIMBABWE

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 53.47% since th...

By Business reporter | Published: 16 July 2013

ZIMBABWE

CSD to run from September

Chengetedzai Depository Company, a local business company that won the tender to run the country's first ever Central Securities Depository in 2010, will be running the platform by September this yea...

By Staff reporter | Published: 16 July 2013

ZSE TODAY

Industrials rises for the 5th straight session

Investors continued to buy into selected stocks on Tuesday with notable interest in counters BAT, Delta and Innscor helping the mainstream Industrials to rise for the 5th straight session while Minin...

By Business reporter | Published: 09 July 2013

ZSE TODAY

Industrials continues to recover as Minings remains weak

Industrials continued to recover on Monday buoyed by gains in blue chips Econet and Innscor while Minings weakened further on losses in Hwange.The Industrials Index gained 1.12 points or 0.52% to 216....

By Business reporter | Published: 08 July 2013

ZIMBABWE

5 shortlisted for ZSE automated trading system installation tender

FIVE firms have been shortlisted to undertake a project to install the Automated Trading System at the Zimbabwe Stock Exchange (ZSE), the chief executive, Mr Alban Chirume has said. Last month, the bo...

By Business Reporter | Published: 08 July 2013

ASIA PACIFIC

Asia shares up 1.25% by break

Tokyo - Tokyo stocks rose 1.25% in the morning session on Friday, following a rally on European markets after the eurozone and British central banks signalled their easy-money policies would remain in...

By AFP | Published: 05 July 2013
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