BUSINESS NEWS

Government to leverage on equities market

Government has said there is no 'blanket prescription' for the disposal of public assets, but will leverage on the Zimbabwe Stock Exchange (ZSE) to commercialise several state enterprises. It expects ...

By Staff reporter | Published: 02 May 2019

ZIMBABWE

Zimbabwe equities market suspends trade

TRADING on Zimbabwe's equities market was suspended this week after mass protests and civil unrest unnerved investors in a week punctuated by clashes between state security agents and protestors in mo...

By Staff reporter | Published: 19 January 2019

ZIMBABWE

'Zimbabwe equities too expensive'

INVESTMENT into Zimbabwe's equities is redundant until repatriation flows smoothly again because publicly-listed equities are enjoying a premium acting as substitute for scarce cash, a United Kingdom-...

By Staff reporter | Published: 22 June 2018

FINANCIAL SERVICES

Old Mutual listed equities value drops

FINANCIAL services behemoth, Old Mutual (OM) says the value of its listed equity investments has so far this year fallen by 11,5 percent due to self-correction on the domestic bourse which experienced...

By Staff reporter | Published: 05 April 2018

ZSE TODAY

Equities slide

The local equities market's mainstream Industrial Index broke its upward momentum, sliding by 0, 21 percent to 515.95. Giant retailer OK Zim led the losers with a significant 13, 76 percent drop to tr...

By Staff reporter | Published: 18 October 2017

ZIMBABWE

Equities' bullish run stopped

The Zimbabwe Stock Exchange's mainstream Industrial Index retreated 9.41 points to end at 390.62 as beverages giant Delta was down $0, 2571 to close at $2, 7000, while conglomerate Innscor shed $0, 02...

By Staff reporter | Published: 18 September 2017

ZIMBABWE

Speculation fuels equities rally

Speculation and a mad rush to preserve value has pushed up the value of equities as investors and fund managers scramble to hedge value amid heightened inflation fears and currency devaluation.Most co...

By Staff reporter | Published: 08 September 2017

ZSE TODAY

Equities open August in the black

The Zimbabwe Stock Exchange's mainstream Industrial Index continued in the positive, gaining 1.18 points to close at 204.43.CFI led the risers, going up $0, 0745 to trade at $0, 4470, while seed produ...

By Staff reporter | Published: 01 August 2017

ZSE TODAY

Equities open week in the black

The local bourse's mainstream industrial index opened the week on a higher note after gaining 1.19 to close at 203.25 as Simbisa led the risers with a $0, 0250 gain to trade at $0, 2500.Telecoms giant...

By Staff reporter | Published: 31 July 2017

ZSE TODAY

Heavyweights keep equities market down

The equities market extended losses on the back losses in a number of heavyweight counters led by beverages giant Delta.The industrial index retreated 1.30 (or 0,86 percent) to settle at 150.55 after ...

By Staff reporter | Published: 23 June 2015

ZSE TODAY

Equities market maintains bearish form

The equities market opened the week lower, maintaining the downward trend from last week as activity remains low.Activity today was limited to only 10 counters.The industrial index shed 1.05 (or 0,69...

By Staff reporter | Published: 22 June 2015

ZSE TODAY

ZSE equities extend losses

The Industrial index further went down by 0.20 points (or 0.12 percent) to close at 168.53 points, as trading activity on the bourse remained low.Natfoods lost 10 cents to trade at 310 cents and giant...

By Staff reporter | Published: 18 February 2015

ZSE TODAY

ZSE equities market retreat

The equities market shed yesterday's gains to retreat slightly in today's trades.The Industrial index was down 0.29 points to close at 168.73 points. The cement maker PPC lost 10 cents to trade at 190...

By Staff reporter | Published: 17 February 2015

ZSE TODAY

Equities opens week higher

The equities market opened the week on a higher note in thin trading with the industrial index adding 0.66 points to close at 169.02 points.Delta and Zimplow were up a cent each at 116 cents and 7.50 ...

By Staff reporter | Published: 16 February 2015

ZSE TODAY

ZSE equities back in the red

The equities market was 1,15 percent weaker bucking gains from the past two days, weighed down by loses from heavyweights Delta and African Sun.The industrial index lost 2.17 points to close at 186.63...

By Staff reporter | Published: 10 July 2014

ZSE TODAY

ZSE equities advance gains

The equities market has extended yesterday's gains inching up 0.50 percent as a number of heavily capitalised counters traded positively.Gainers outnumbered losers 10 to three in today's trades as the...

By Staff reporter | Published: 10 July 2014

ZSE TODAY

Equities market opens week on bearish trend

The equities market opened Monday 0.19 percent weaker, bucking last week's three-day gains.The industrial index today was lower at 187.09 points after shedding 0.35 points.Losses were recorded in Natf...

By Staff reporter | Published: 07 July 2014

ZSE TODAY

Equities extend gains

The equities market today extended yesterday's gains going up 0.25 percent following significant foreign purchases of Econet, Delta and Innscor's stocks.Activity was also improved as the number of cou...

By Staff reporter | Published: 04 July 2014

ZSE TODAY

Equities remain depressed

The equities market continuing on a downward trend as macro-economic fundamentals remain weak.Eight counters trading in the negative, while only three traded positively today.This led the industrial i...

By Staff reporter | Published: 03 July 2014

ZSE TODAY

Equities ends losing streak with marginal gains

The Zimbabwe Stock Exchange turned bullish today, moving up 0.11 percent on the back of gains in a couple of heavyweights as activity on the market remains subdued as 38 counters traded.Following toda...

By Staff reporter | Published: 02 July 2014

ZSE TODAY

ZSE equities end week in the red

The equities market lost for a third consecutive day in today's trades, going down 0.68 percent on the back of losses in a couple of heavyweights. The industrial index closed the week lower at 187.08 ...

By Staff reporter | Published: 27 June 2014

ZSE TODAY

ZSE equities dip, buck positive trend

The equities market retreated 0.38 percent as eight counters traded in the red, bringing the industrial index down to close at 189.59 points.SeedCo lost a cent to trade at 70 cents while Padenga eased...

By Staff reporter | Published: 25 June 2014

ZIMBABWE

$600m wiped off ZSE equities in first quarter

THE Zimbabwe Stock Exchange lost a combined value of $642,8 million in the first quarter of 2014 as stock prices plummeted. The market capitalisation at the end of March 2014 was $4,56 billion, 12,4 p...

By AFRASIA KINGDOM | Published: 03 April 2014
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