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

AFRICA

Barclays Africa lists on JSE

Johannesburg - Barclays Africa listed on the JSE last Friday, using the code BGA, following Absa Group's R18,3 billion acquisition of Barclays' African business.In terms of the deal, Barclays has incr...

By Bloomberg | Published: 05 August 2013

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
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