ZIMBABWE

No end in sight for ZSE bull run

THE bull run on the Zimbabwe Stock Exchange (ZSE) continued yesterday, with market capitalisation surpassing $14 billion, as investors make use of real time gross settlement (RTGS) balances to invest,...

By Staff reporter | Published: 15 October 2017

ZIMBABWE

Cash shortage affects banking sector jobs

The switch to high-percentage electronic banking, fed by the prevailing cash shortage countrywide, is reportedly taking toll on job security in the banking sectors amid indications that several banks...

By Staff reporter | Published: 28 September 2017

ZIMBABWE

Industrials hit all-time high

The ZSE's mainstream Industrial Index gained a further 14.36 points to settle at 404.37 bringing the index to an all-time high, led by BAT which gained by a hefty $2, 0000 to end at $30, 0000, while b...

By Staff reporter | Published: 27 September 2017

ZIMBABWE

ZSE gives up gains

EQUITIES surge dropped this week weighed down by losses in Delta Corporation and other quality counters on the market as foreign investors cashed out with the value of stocks coming down from a high o...

By Staff reporter | Published: 22 September 2017

ZIMBABWE

Industrials in fourth straight loss

The Zimbabwe Stock Exchange's mainstream Industrial Index posted its fourth consecutive loss, shedding 2.71 points to settle at 364.42 in mixed trading.Seed producer SeedCo came off $0, 0603 to end at...

By Staff reporter | Published: 22 September 2017

ZIMBABWE

ZSE in 3rd consecutive loss

The ZSE's mainstream Industrial Index extended the losses shedding 4.18 points to end at 367.13 as crocodile skin producer Padenga dropped $0, 1500 to close at $0, 8500, while beverages giant Delta lo...

By Staff reporter | Published: 20 September 2017

ZIMBABWE

ZSE in second slip in a row

The Zimbabwe Stock Exchange's mainstream Industrial Index dropped for the second day in row, putting a damper on the earlier string of gains as it lost 19.31 points to settle at 371.31.Heavyweights we...

By Staff reporter | Published: 19 September 2017

ZIMBABWE

ZSE rally takes a breather

THE Zimbabwe Stock Exchange (ZSE's) bull run yesterday came to a halt after the mainstream Industrials Index shed 9,41 points or 2,35 percent to 390,62 levels on profit takings.Turnover for the day wa...

By Staff reporter | Published: 19 September 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

ZSE industrials heads to dizzy heights

THE bull run on the Zimbabwe Stock Exchange continued yesterday as the mainstream Industrials Index headed to dizzy heights scaling past the 300 level on sustained demand. By the close the main Indust...

By Staff reporter | Published: 12 September 2017

ZIMBABWE

ZSE hits fresh high as rally continues

THE Zimbabwe Stock Exchange continued to rally unabated with total market capitalisation reaching fresh highs of $8 billion last Friday.The mainstream Industrials Index recorded the year's biggest one...

By Staff reporter | Published: 11 September 2017

ZIMBABWE

'SECZ to oversee listed companies'

THE Securities Act is being amended to give the Securities Exchange Commission of Zimbabwe (SECZ) powers to regulate listed companies.SECZ chief executive officer, Tafadzwa Chinamo said it was an anom...

By Staff reporter | Published: 11 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

ZIMBABWE

ZSE rallies as flight from cash assets continues

THE total value of Zimbabwe Stock Exchange hit a new record high on Tuesday as investors holding on to near-cash assets continue to pile into the bourse as a safe haven over currency concerns. At pres...

By Staff reporter | Published: 07 September 2017

ZIMBABWE

ZSE market capitalisation hits US$7,144bn

THE Zimbabwe Stock Exchange (ZSE) market capitalization yesterday hit an all-time high, reaching $7, 114 billion in total market capitalisation as both indices rallied to their highest levels since do...

By Staff reporter | Published: 06 September 2017

ZIMBABWE

RTGs money drives ZSE

THE sustained rally on the Zimbabwe Stock Exchange is due to huge amounts of RTGs money that has been released into the economy by Government through debt assumption, the Securities Exchange Commissio...

By Staff reporter | Published: 05 September 2017

ZIMBABWE

ZSE posts all-time post-dollarisation high

The ZSE's mainstream Industrial Index registered a new all-time high post dollarisation having surpassed 233.18 set on 01 August 2013 to close at 235.03.This was after it added 3.01 points in today's ...

By Staff reporter | Published: 31 August 2017

ZIMBABWE

ZSE edges closer to all-time high

THE industrial index yesterday maintained its northward trajectory, firming by 1,58 percent to close at 232,02 points after gains in heavyweight counters. The Zimbabwe Stock Exchange (ZSE) is now movi...

By Staff reporter | Published: 31 August 2017

ZIMBABWE

ZSE ends week on a high note

The Zimbabwe Stock Exchange has ended the week on a higher note on the back of gains by the industrial listed counters.The industrial index closed the week on a higher note after putting on 1.83 poin...

By Staff reporter | Published: 28 August 2017

ZIMBABWE

Heavyweights drive industrial gains

The Zimbabwe Stock Exchange's mainstream Industrial Index surged by 2.81 points to close at 217.90 in a rally across the board.Heavyweight counters dominated the session as cigarette-maker BAT Zim ros...

By Staff reporter | Published: 23 August 2017

ZIMBABWE

ZSE ends week on high note

TRADING on the Zimbabwe Stock Exchange (ZSE) last week ended on a high note driven by the rise in share prices of industrial stocks.Data from the ZSE showed that the industrial index closed the week o...

By Staff reporter | Published: 21 August 2017

ZIMBABWE

Industrials gain 1.7% week-on-week

On a week-on-week basis, the ZSE's mainstream Industrial Index improved by 1, 70 percent.In today's trades, the Industrial Index gained 0.33 points to close at 210.61 ahead of the Heroes and Defence F...

By Staff reporter | Published: 11 August 2017

ZIMBABWE

ZSE maintains momentum

THE Zimbabwe Stock Exchange (ZSE) industrial index advanced 4,83 points week-on-week to close at 209,93 points on Wednesday as local appetite for stocks persists.The mining index rose 1,12 points to 7...

By Staff reporter | Published: 10 August 2017

ZIMBABWE

Mangudya leaves interest rates unchanged

Zimbabwe's central bank chief John Mangudya left interest rates unchanged, saying lowering the rates could be a moral hazard in the troubled country, despite his push to stimulate production and gener...

By Staff reporter | Published: 04 August 2017

ZIMBABWE

Zimbabwean stocks on 4-year high

Zimbabwean stocks closed on a four-year high on Friday, as investors continued to pile into the equities market amid limited investment options and currency concerns.By the close of trade, the Zimbabw...

By Staff reporter | Published: 21 July 2017
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