ZIMBABWE

Investors take a back seat on ZSE

THE value of shares traded on the Zimbabwe Stock Exchange in June (2013) plunged 35 percent to US$25,6 million compared to shares traded the prior month.Analysts contend investors have started taking...

By Business reporter | Published: 05 July 2013

ZSE TODAY

Industrials rises again but volumes remain depressed

ZSE's Industrials managed gains for the second consecutive day amid notable buying in selected counters but overall volumes remained low.The Industrials Index gained 2.27 or 1.07% to 213.47 points o...

By Business reporter | Published: 05 July 2013

MARKET INDICATORS

Gold climbs for second day on safe-haven buying

Singapore-Gold edged higher for a second session on Thursday as worries over Europe and Egypt prompted safe-haven buying, but the mood remained cautious ahead of U.S. jobs data that could determine t...

By Reuters | Published: 04 July 2013

ZSE TODAY

ZSE Industrials snaps 10-day losing streak

A recovery in the heavily capitalised counters Delta, Innscor and OK Zimbabwe largely helped the Industrials to snap a 10-day losing streak while Minings stayed in the red on losses in Hwange.The Ind...

By Business reporter | Published: 03 July 2013

AMERICAS

US carmakers rise but US indices fall

Shares in US carmaker General Motors rose in early trading after June sales came in well above expectations but closed nearly unchaged as the S&P 500 closed flat due to an afternoon sell off. GM a...

By FT | Published: 03 July 2013

ZIMBABWE

Commodities exchange remains a dream

Government has failed to meet its June deadline for the operationalisation of the commodities exchange, amid calls for sincerity in the setting up of the exchange.Despite pledges by the Ministry of Fi...

By Business reporter | Published: 03 July 2013

ZSE TODAY

ZSE shares weaken further after heavyweight losses

Heavyweight counters Delta and Econet along with the broader market remained in the red with only 2 counters managing gains out of the 39 counters that traded.The Industrials Index continue to slide ...

By Business reporter | Published: 03 July 2013

ZSE TODAY

ZSE shares close weaker at start of year's 2nd half

ZSE shares stayed in the red at the start of the second half of 2013 as Delta continued to trade lower while Minings gave in to losses in Bindura.The Industrials Index eased 0.21 points or 0.10% to 2...

By Business reporter | Published: 03 July 2013

AMERICAS

Investors dump BlackBerry

Toronto - BlackBerry's total market value plunged by more than one-fourth on Friday after the smartphone maker reported dismal quarterly results, prompting ever-deeper scepticism about a long-promised...

By Reuters | Published: 01 July 2013

EUROPE

British shares rise

London - Britain's top share index rose on Monday as investors placed fresh bets at the start of the quarter, with robust June manufacturing data sending industrial firms to the top of the leaderboard...

By Reuters | Published: 01 July 2013

AMERICAS

Markets headed for stormy months

Paris - Markets are heading into a stormy few months after the US Fed pricked the euphoria which pushed share prices to record highs, but turbulence does not mean a return to crisis, analysts say.Afte...

By Jean Baptiste OUBRIER | Published: 30 June 2013

ZSE TODAY

Industrials continues to lose ground ahead of half year end

ZSE's Industrials slumped to their seventh consecutive loss on Thursday as Delta shares plummeted again amid selling pressure with just one trading session left in the first half of 2013.The Industri...

By Business reporter | Published: 30 June 2013

ZSE TODAY

Industrials weaken on heavyweights' sell-off

Selling pressure in mostly heavily capitalised counters saw the Industrials close in the red on Tuesday for the 5th consecutive session.The Industrials Index dropped 1.73 points or0.80% to 215.24 trim...

By Business reporter | Published: 25 June 2013

ZSE TODAY

ZSE shares end week lower on profit taking

ZSE shares ended lower on Friday as investors extended profit taking mostly in Delta to a third straight session.The Industrials Index closed the week in the red after easing 0.08 points or 0.04% to 2...

By Business reporter | Published: 14 June 2013

ZSE TODAY

Delta drags Industrials lower as BAT shares hit $9

Delta shares dragged the Industrials lower for the second consecutive session on Thursday largely on profit taking whie BAT shares advanced to another all-time best of $9.The Industrials Index eased 1...

By Business reporter | Published: 13 June 2013

ZIMBABWE

ZSE bubble to burst, says EIU

The Economist Intelligence Unit (EIU) a global think-tank, has warned that the Zimbabwe Stock Exchange (ZSE) which is enjoying a bull run, may burst its bubble as the market is vulnerable to a sharp c...

By Business reporter | Published: 13 June 2013

ZIMBABWE

ZSE delists Gulliver, Steelnet and Lifestyle, suspends Apex

he Zimbabwe Stock Exchange has delisted Gulliver for failing to meet the reporting requirements of the Listing Rules, Steelnet for failing to meet its continuing obligations after it was placed under ...

By Business reporter | Published: 13 June 2013

ZSE TODAY

Industrials snap record rising streak in midweek trades

Industrials snapped its 6-day record rising streak on Wednesday weighed down by losses in Delta and Innscor as investors recouped profits made over the past week.There were only 5 counters to trade l...

By Business reporter | Published: 12 June 2013

ZSE TODAY

Delta, Innscor hit record highs as Industrials rallies past the 220 mark

Delta and Innscor shares extended their gains and soared to new record highs record highs on Tuesday as Industrials raced past the 220.00 mark for the first time to take its gains in the year to 46.71...

By Business reporter | Published: 11 June 2013

ZIMBABWE

ZSE Tender Notice I Recruitment of an ATS consultant

ZSE announces that it wishes to recruit a consultant for its Automated Trading System Project. Please see detailed terms of reference attached. Expressions of interest are sought from suitably qualifi...

By Staff reporter | Published: 11 June 2013

AMERICAS

Brent holds under $104 on rising supply and weaker Chinese demand

PERTH - Brent futures held under $104 a barrel on Tuesday after the world's largest consumer, the US, nearly doubled an estimate of its shale oil reserves, while prospects of a slowdown in Chinese dem...

By Agency Staff | Published: 11 June 2013

MIDDLE EAST

Taliban attacks Kabul airport

KABUL - Seven Taliban insurgents including suicide bombers attacked the main airport in the Afghan capital, Kabul, early on Monday, with explosions and gunfire heard near an area that also houses majo...

By Mirwais Harooni | Published: 11 June 2013

AFRICA

SA's PIC buys stake in Nigeria's Dangote Cement

LAGOS - Dangote Industries, majority shareholder in Dangote Cement, on Monday sold 1.5% of its stake in Nigeria's biggest listed firm to South Africa’s Public Investment Corporation (PIC) for $289.3...

By Reuters | Published: 11 June 2013

EUROPE

Miners drag European shares lower

London - Mining stocks were among the top fallers as European shares edged lower on Monday, dragged down by weak data from the world's largest consumer of raw materials China.Miners fell 0.7% after Ch...

By Reuters | Published: 11 June 2013

ASIA PACIFIC

Dollar gains in Asia on upbeat US data

Tokyo - The dollar strengthened in Asian trade Monday thanks to a better-than-expected US jobs report, as traders turn their focus to an upcoming policy meeting at the Bank of Japan.In Tokyo afternoon...

By AFP | Published: 11 June 2013
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