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

AFRICA

JSE firmer‚ aided by rand hedge stocks

Johannesburg - The JSE was up slightly on Monday at midday as rand hedge stocks helped lift the local bourse despite losses in banks and retail counters.“The rand is the main factor driving movement...

By I-Net Bridge | Published: 11 June 2013

AMERICAS

Solid growth lifts shares, dollar

London - The dollar bounced higher against the yen and Japanese stocks led a rise in world shares on Monday as signs of economic momentum in the United States and Japan outweighed worries about a slow...

By Reuters | Published: 10 June 2013

ZSE TODAY

Industrials extends record rise as Innscor shares close above $1

Innscor shares were buoyant at week's opening dosing above a $1 at $1,05 to surpass the $1,03 record reached on February 4 this year as the Industrials extended their record rise closing just shy of t...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Industrials break the 215 ceiling as activity improves

The mainstream Industrials raced past the 215 barrier for the first time since dollarisation on Thursday amid improving activity on the floor with 14 counters managing gains out of the 31 that traded...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Industrials advances to record levels in thin trades

ZSE's Industrials advanced to another fresh high on Wednesday with buyers still looking in selected counters albeit in thin trades.The Industrials Index gained 1.18 or 0.55% to 214 points with Innsc...

By Business reporter | Published: 10 June 2013

ZSE TODAY

Industrials bounces back as buyers resurface in selected counters

Industrials recovered on Tuesday from yesterday's losses largely on gains in Delta and Innscor as reasonable buyers resurfaced in some counters.The Industrials Index recovered 1.49 points or 0.71% t...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Econet, Innscor drag Industrials lower at week's opening

Industrials opened the first trading session of June in the red after heavyweights Econet and Innscor, the only counters to trade lower, managed to cancel out gains in 5 other counters.The Industria...

By Business reporter | Published: 10 June 2013

ZSE TODAY

Econet results fail to cheer ZSE shares

ZSE shares were back in the red on Friday after Econet February finals failed to cheer the market with investors flagging a sell-off in the telecoms counter.The Industrials Index eased 0.39 or 0.18% ...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Trust Holdings shares suspended from the ZSE

The Zimbabwe Stock Exchange (ZSE) has announced that it has received and accepted the application for the voluntary suspension of trading in Trust Holdings shares, acting CEO Martin Matanda said this...

By Business reporter | Published: 10 June 2013

ZIMBABWE

ZSE announce Alban Chirume as new CEO

THE hunt for a new Zimbabwe Stock Exchange (ZSE) chief executive officer is set to come to an end with former Securities Commission CE and engineer Alban Dhladhla Chirume being expected to be annou...

By Paul Nare | Published: 10 June 2013

ZSE TODAY

ZSE:- Econet steers Industrials back into the positive territory

There was not even a single share to trade lower on the ZSE on Thursday as Industrials rebounded to winning ways helped by gains in Econet ahead of its February finals and analysts briefing this afte...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Innscor see-saws lower as Industrials slips into the red

Innscor shares see-sawed back into the red on Wednesday as Industrials slid back into the negative territory while volumes improved sightly buoyed by a block deal in Pearl Properties.The Industrial I...

By Business reporter | Published: 10 June 2013

ZSE TODAY

Masimba Holdings continues to firm as ZSE rebounds

Masimba Holdings performance in the year to date rose to 183.33% on Tuesday as the company continued to firm towards the $20 million market capitalisation mark with the price getting closer to its NA...

By Business reporter | Published: 10 June 2013

ZIMBABWE

ZSE goes electronic

THE Zimbabwe Stock Exchange will from next week discontinue the manually prepared reports dispatched through its e-mail daily service following the launch of its web data portal system. Acting ZSE ch...

By Business Reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Innscor snaps Industrials record setting run

Innscor was the only counter to trade lower on Monday and managed snap the mainstream Industrials' 3-day record setting run, closing a modest 0.15% off its all-time high of 212.08 but overall trading...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Industrials advances to cap record week

ZSE's Industrials continued to advance on Friday racing past the 212.00 level for the first time albeit in sluggish trades where only 5 counters traded in the positive territory while only 2 traded l...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE shares hitting fresh highs as volumes remain depressed

ZSE's Industrials hit another fresh record on Thursday amid strong interest in selected counters but overall volumes remained thin.Volumes for most of the counters that have recorded significant gain...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Delta shares rebound to lift Industrials into record territory

Delta shares hit $1,45 for the first time on Wednesday to help lift Industrials back into the record territory but overall activity slowed with only 21 counters recording trades compared with 30 yest...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE: Industrials slips into the red as Delta stutters

Industrials slid into the red on Tuesday after Delta shares reversed last week's gains after trading 1c weaker at 142c while a significant volume in Econet lifted the daily market turnover to $2,347 ...

By Business reporter | Published: 10 June 2013

ZIMBABWE

Govt to force banks to list on the ZSE

Government will enact laws requiring all banks to list on the Zimbabwe Stock Exchange to help them raise capital, Finance Minister Tendai Biti has said.Addressing journalists recently, Minister Biti ...

By New Ziana. | Published: 10 June 2013

ZSE TODAY

ZSE: Industrials manages modest gains as miners falter in thin trades

ZSE's Industrials managed modest gains on Monday in hushed trades where only 4.6 million shares worth $594 559 traded while losses in Falgold and Hwange saw the resources index ending 1.52% in the re...

By Business reporter | Published: 10 June 2013

ZSE TODAY

ZSE Industrials sets another record level

ZSE's Industrials closed above the 210.00 mark for the first time on Friday as Delta shares ended at another record high of 143.01c to extend the momentum built up over the past 2 weeks while daily m...

By Business reporter | Published: 10 June 2013
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