ZIMBABWE

ZSE turnover down 22% in November

TURNOVER on the Zimbabwe Stock Exchange (ZSE) dropped 22,37% to $118,03 million in November from $152,05 million in October as lower volumes were traded on the local bourse.The total volume of shares ...

By Staff reporter | Published: 10 December 2018

ZIMBABWE

ZSE turnover up 74% to $700m

THE value of shares that were traded on the Zimbabwe Stock Exchange (ZSE) was up 74% in the first 10 months of the year to $715,3 million as resurgent inflationary pressures forced investors to seek r...

By Staff reporter | Published: 04 December 2018

MINING & RETAIL

Edgars turnover up 37%

Listed clothing retailer Edgars Stores Limited's turnover for the first quarter to April 2018 grew 37 percent from the comparable prior year and was 10 percent above budget. After-tax profit was howev...

By Staff reporter | Published: 11 June 2018

ZIMBABWE

ZSE turnover up 204% in Q1

The value of shares that exchanged hands on the Zimbabwe Stock Exchange (ZSE) was up 204% in the first quarter of the year to $144 555 983, with foreign investors buying more than they sold, latest da...

By Staff reporter | Published: 05 April 2018

ZIMBABWE

Finsec records $1.2m turnover

ZIMBABWE'S alternative trading platform, Financial Securities Exchange (Finsec) recorded a  turnover of $1,2 million in November, the highest since its inception, as investors seeking diversifica...

By Staff reporter | Published: 05 December 2017

INDUSTRIALS & ENERGY

Meikles FY2016 turnover up 10%

Hotel and retail group Meikles Africa Limited's turnover for the full year to March 30, 2016 rose by 10 percent to $454 million relative to prior year.The group says it has delayed the release of its ...

By Staff reporter | Published: 12 July 2016

INDUSTRIALS & ENERGY

General Belting's turnover up 47%

Listed conveyor belts maker General Beltings has recorded a 47 percent upturn in turnover for the first five month of the year, on the back of a Government initiative last year to protect a number of ...

By Tawanda Musarurwa | Published: 24 June 2015

ZIMBABWE

ZSE record 20% turnover fall

Turnover value on the Zimbabwe Stock Exchange fell by 20 percent to $28,5 million in June as tight liquidity confined investor appetite to mostly heavyweight stocks.Market analysts say that investors ...

By Golden Sibanda | Published: 09 July 2014

FINANCIAL SERVICES

Zimre forecasts $150m turnover

Zimre Holdings Limited is forecasting a turnover of about $150 million by the end of this year as the company targets increased earnings from the disposal of non-core and non-performing local and exte...

By Tinashe Makichi | Published: 02 July 2014

CONSTRUCTION & PROPERTY

Masimba turnover down 25%, blames Chinese

CONSTRUCTION concern Masimba Holdings turnover in the five months to May slipped 25% following a weak performance from the construction division whose turnover is down 33%. Addressing an Annual Gener...

By Staff reporter | Published: 26 June 2014

ZSE TODAY

ZSE daily turnover keeps rising

ZSE's Industrials stayed in the red on Wednesday as prices in blue chip counters continued to fall but daily volumes improved again largely on bargain hunters swooping on perceived cheap shares.Heavyw...

By Staff reporter | Published: 26 March 2014

MINING & RETAIL

Edgars turnover to grow further in FY14

Edgars Stores Limited will focus on cost control, more fashion, less price and a wider choice for customers to achieve profitable growth in FY14, group MD Linda Masterson told an analyst briefing toda...

By Staff reporter | Published: 11 March 2014

ZSE TODAY

Industrials falter as daily turnover jumps

ZSE's daily turnover jumped to $5 million on Monday spurred by a bookover of about 5 million shares in Econet by brokers Imara as Industrials see-sawed back into the red.Daily market value traded jump...

By Staff reporter | Published: 10 March 2014

ZSE TODAY

Cottco block deal buoys ZSE daily turnover

A block deal of about 107 million Cottco shares worth $1.88 million booked over at 1.1c bolstered ZSE's daily turnover on Wednesday but trading across the board remained mixed with Industrials staying...

By zfn | Published: 05 March 2014

INDUSTRIALS & ENERGY

Art turnover down 7%

Art reported a nominal decrease of 7% in its turnover to $10.6 million in the first 4 months of its current financial year, CE Richard Zirobwa told the AGM earlier today."Our trading hasn't been too g...

By Staff reporter | Published: 03 March 2014

TELECOMS & TECHNOLOGY

Powerspeed's turnover up 9%

Powerspeed's turnover in the four months to January was up 9 percent against the same period last year. Gross profit was up 19 percent but there was a 4 percent increase in expenses due to the branch ...

By Staff reporter | Published: 27 February 2014

ZSE TODAY

ZSE turnover recovers but overall trading remains weak

Daily ZSE turnover recovered to reasonable levels in midweek trades spurred by significant trades in BAT. Delta. Mash and a special deal in SeedCo but trading across the board remained weak while Mini...

By Staff reporter | Published: 26 February 2014

ZSE TODAY

Foreign deals spur ZSE turnover

Foreign investors trading mostly in Delta and Econet spurred ZSE daily turnover on Wednesday as Industrials waded back into the red.There were significant deals in Delta worth $942 947 and Econet wher...

By Staff reporter | Published: 27 November 2013

INDUSTRIALS & ENERGY

Innscor records 5% turnover growth

Innscor Group CE John Koumides told the AGM today that the Group recorded a 5% turnover growth in the first quarter while profitability went down 18% as Zimbabwe is in a tough and extraordinary situat...

By Staff reporter | Published: 22 November 2013

ZSE TODAY

Special bargains push market turnover to $2.9m

ZSE volumes recovered on Friday buoyed by 2 special deals in African Sun and FBC but trading across the board remained weak with only 3 counters managing gains at the close.Total market turnover imp...

By Staff reporter | Published: 22 November 2013

ZSE TODAY

ZSE turnover improves to above the $2m mark

ZSE's Industrials recovered from yesterday's losses to end in the positive as blue chips Delta, Econet and SeedCo traded on the upside.The Industrial Index gained 0.35 points or 0.16% to 217.53 as bl...

By Staff reporter | Published: 20 November 2013

INDUSTRIALS & ENERGY

Reduced production hits Colcom turnover

Listed meat processor Colcom Foods Limited says its flagship foods division's turnover slumped 10 percent in the four months to October 2013 compared to same prior year period due to reduced productio...

By Staff reporter | Published: 18 November 2013

LANDS & AGRICULTURE

Colcom volumes, turnover growth to continue

Colcom expect the trend of volumes and turnover growth to continue at about 14% over prior year and that profitability will be enhanced by managing all operational costs downwards in an environment o...

By Staff reporter | Published: 15 November 2013

ZIMBABWE

ZSE automation to boost turnover

Automation of the Zimbabwe Stock Exchange (ZSE)'s trading system is expected to boost equities' daily turnover to more than $5 million, the Securities and Exchange Commission of Zimbabwe (SecZim) says...

By Staff reporter | Published: 14 November 2013

ZSE TODAY

Industrials extend gains as daily turnover rises

ZSE shares closed in the positive territory on Tuesday with the mainstream Industrials extending gains as risers outnumbered fallers by 9 to 5 across the main board while volumes improved on significa...

By Staff reporter | Published: 05 November 2013
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