ZSE TODAY

ZSE Industrials continues to recover

ZSE shares continued to recover on Friday as investors took the opportunity to buy cheap stocks (blowing a steep plunge in the past 2 weeks with the swearing in of President Mugabe yesterday paving wa...

By Business reporter | Published: 23 August 2013

AMERICAS

Stocks close higher after 3-hour Nasdaq trading halt

Stocks closed higher on Thursday with the major averages holding onto their gains after the Nasdaq reopened from a more than three hour trading halt.A technical problem led to a halt of all Nasdaq tra...

By Justin Menza | Published: 23 August 2013

ZSE TODAY

ZSE's Industrials snaps 11-day losing streak

ZSE's Industrials snapped its 11-day losing streak on Wednesday as buyers resurfaced in selected counters ahead of President Mugabe's inauguration tomorrow.The Industrials Index recovered 0.39 points ...

By Business reporter | Published: 21 August 2013

ZSE TODAY

ZSE market comment

Turnover rebounded to $4,037,014 on the back of brisk trade in Delta, Econet and OK Zimbabwe. The rest of the market was extremely quiet as investors pondered their next move in light of the rapid dec...

By Business reporter | Published: 21 August 2013

AMERICAS

Wall Street bounces to end four-day skid; retailers gain

New York-The S&P 500 bounced on Tuesday to end a four-day losing skid, as earnings from Best Buy and TJX Cos helped buoy retailers and consumer discretionary stocks.TJX Cos (TJX.N) was the top boo...

By Reuters | Published: 21 August 2013

EUROPE

FTSE 100 falls to six-week low after Asia sell-off

London-The FTSE 100 fell to a six-week low on Tuesday, after Asian shares continued to slump amid concerns about the impact of an expected cut in US stimulus.London's benchmark index fell as low as 63...

By The Telegraph | Published: 21 August 2013

AMERICAS

Bankruptcy court approves Patriot Coal labor deal

New York-A U.S court approved a labor deal between bankrupt Patriot Coal Corp (PCXCQ.PK) and its miners' union on Tuesday, putting the company on track to emerge from bankruptcy by the end of the year...

By Reuters | Published: 21 August 2013

ZSE TODAY

Industrials falls for 11th straight session

There were just 4 counters to trade lower against 5 risers on Tuesday but heavyweight counters BAT and Econet fell sharply resulting in the mainstream Industrials falling for the 10th straight session...

By Business reporter | Published: 20 August 2013

ZSE TODAY

Industrials' post election sell-off persists

ZSE's Industrials remained stuck in the negative territory after Monday trades as post election sell-off spilled into the 3rd consecutive week.The Industrials Index dropped 2.90 points or 1.54% to 185...

By Business reporter | Published: 19 August 2013

ZSE TODAY

ZSE shares end week lower

ZSE shares remained in the negative territory at the close of the holiday shortened week amid reasonable volumes across the board that saw daily turnover jumping to $15.21 million, its best level this...

By Business reporter | Published: 19 August 2013

ZSE TODAY

Industrials extends losses to 8 straight sessions

Delta shares recovered on Thursday but failed to inspire the mainstream Industrials as losses in other heavyweights and across the main board saw the market ending lower for the 8th straight session.T...

By Business reporter | Published: 15 August 2013

ZIMBABWE

ZSE weekly review

The industrial index lost a massive 15.2% on the back of a land slide victory by Zanu-PF in the just ended harmonised election. The market reacted unfavorably to the news as the investing public diges...

By Imara Edwards Securities | Published: 15 August 2013

ZSE TODAY

ZSE shares wallow in negative territory

ZSE shares remained in the red at the start of the holiday shortened week on Wednesday with heavyweight counters losing considerable ground.There were significant losses across all sectors on the boar...

By Business reporter | Published: 14 August 2013

AFRICA

JSE hits record high

Johannesburg - The JSE hit a record high on Monday, rising 1.6% on a surge in gold producers that were lifted by a higher bullion price, such as Gold Fields.The benchmark Top 40 index touched a record...

By Reuters | Published: 12 August 2013

ZIMBABWE

Heavyweights dominated ZSE trades

HEAVYWEIGHT stocks dominated trading on the Zimbabwe Stock Exchange last week with three of the stocks accounting for more than 75 percent shares traded during the week.A total of 24,77 million shares...

By Business reporter | Published: 12 August 2013

ZIMBABWE

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 capitali...

By Business reporter | Published: 12 August 2013

ZSE TODAY

Industrials slides again to end worst week in the year

There were only 15 counters to trade on the ZSE on Friday as the Industrials suffered another sharp fall on losses in heavyweights Delta, Econet, Innscor and OK Zimbabwe wrapping up the worst week of ...

By Business reporter | Published: 09 August 2013

ZSE TODAY

ZSE shares continue to falter

ZSE shares continued to falter on Thursday closing in the red for the 5th straight session with fallers outnumbering risers by 9 to 4 counters as the sell-off persisted across the board.The mainstream...

By Business reporter | Published: 08 August 2013

ZSE TODAY

ZSE Industrials sell-off continues

Industrials on the ZSE continue to plunge in the negative while volumes improve significantly.The Industrials Index dropped 2.02 or 1% to 200.01 points on the back of losses in heavyweight counters In...

By Business reporter | Published: 07 August 2013

ZSE TODAY

ZSE shares weaken further in post-election sell-off

Industrials continue to ease with 19 counters trading in the red and only 2 trading in the positive while volumes improved significantly.The Industrials Index dropped 3.54 points or 1.72% to 202.03 po...

By Business reporter | Published: 06 August 2013

ZIMBABWE

ZSE weekly review

The local bourse was defensive in the just ended week as the country went to the polls on the 31st of July 2013. The industrial index was up 0.3% to close the week at 231.21 points after gains in midt...

By Imara Zim Stockbrokers | Published: 06 August 2013

AMERICAS

Oil slips but forecast fall in US stockpiles lend support

Singapore-U.S. crude futures slipped in early Asian trade on Tuesday as supply risks from key producers such as Libya abate, but a forecast fall in crude stockpiles in the world's biggest oil consumer...

By AFP | Published: 06 August 2013

MIDDLE EAST

Hyundai Heavy wins $3.3bn order

Seoul-South Korea's Hyundai Heavy Industries (HHI) said Monday it had won a $3.3 billion order to build a steam power plant in Saudi Arabia.Under the deal signed on Sunday with Saudi Electricity Co., ...

By AFP | Published: 06 August 2013

ZSE TODAY

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...

By Business reporters | Published: 05 August 2013

ZIMBABWE

ZSE crumbles after Mugabe's re-election

The Zimbabwean stock market crumbled on Monday, a few days after the announcement that President Robert Mugabe had won last week's elections.The results, which were rejected by the main political riva...

By Business reporter | Published: 05 August 2013
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