ZSE TODAY

Industrials sinks further into the red

The mainstream industrial index sunk further into the red with a 0.80 loss to settle at 100.59 in today's trades.Beverages giant Delta led the shakers with a $0,0163 decline to close at $0,6812 just a...

By Staff reporter | Published: 14 July 2016

ZSE TODAY

Industrials extend losses

The local equities market was again dragged down by the mainstream industrial index which shed 0.35 to close at 101.39.This was on the back of the majority of counters that traded today playing in neg...

By Staff reporter | Published: 12 July 2016

ZIMBABWE

Banks tighten cash withdrawal limits

The shortage of cash in Zimbabwe continues unabated with banks continuing to tighten screws on withdrawal caps; taking down limits to as low as $50 and $100 per day.The demand for cash has continued t...

By Staff reporter | Published: 12 July 2016

AFRICA

JSE shortens settlement cycle

JOHANNESBURG - THE JSE shortened its settlement cycle from five to three days yesterday, a move that should boost the value and numbers of trades it handles daily. Known as "T+3", the project has been...

By Staff reporter | Published: 12 July 2016

ZIMBABWE

ZSE demutualisation exercise done

THE Zimbabwe Stock Exchange (ZSE) has effectively completed its demutualisation exercise after it held its first meeting as a private company last Friday. However, it reported a US$1,1 million loss fo...

By Staff reporter | Published: 12 July 2016

ZSE TODAY

ZSE in sixth consecutive loss

Equities recorded their sixth consecutive loss after the industrial index lost 0.47 (or 0,31 percent) to close at 150.08 in today's trades.Delta was a cent lower at 101 cents, CFI eased 0,49 cents to ...

By Staff reporter | Published: 24 June 2015

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

ZIMBABWE

'ZSE revised listing rules now complete'

The Zimbabwe Stock Exchange (ZSE) is expecting the revised listing requirements to be gazetted soon after they were approved by the Securities and Exchange Commission of Zimbabwe early this year.Alban...

By Staff reporter | Published: 22 June 2015

ZIMBABWE

ZSE eyes three new listings

The Zimbabwe Stock Exchange (ZSE) is eyeing at least three new listings before the end of 2015 in an effort to end a three-year listing drought.Alban Chirume, ZSE's chief executive said the local bou...

By staff reporter | Published: 22 June 2015

ZIMBABWE

'ZSE to record negative growth'

The Zimbabwe Stock Exchange (ZSE) is expected to record negative growth this year due to political uncertainties and depressed economic activity, market experts have warned.Equities research firm Lynt...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

Dawn Properties to delist?

Dawn Properties (Dawn) might delist from the Zimbabwe Stock Exchange (ZSE) following an offer to acquire minority shares by major shareholder Brainworks Capital Management Limited (Brainworks).Brainwo...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

Ailing economy condemns ZSE to six-year low

The Zimbabwe Stock Exchange (ZSE) witnessed its slowest quarter of trading since dollarisation in 2009 with market value declining by 41 percent to $69,74 million in the three months to March this yea...

By Staff reporter | Published: 21 June 2015

ZIMBABWE

ZSE challenges Meikles' $50m lawsuit

The Zimbabwe Stock Exchange (ZSE) has challenged the $50 million lawsuit that was filed against the local bourse by diversified conglomerate Meikles Limited (Meikles), businessdaily has learnt.Alban C...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

Zim bourse plunges to 6-year low

The Zimbabwe Stock Exchange this week plunged to one if its lowest trades in six years with a paltry $53 576 worth of shares changing hands on Monday, as investors continue to shun the country's "dyin...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

ZSE lifts Meikles suspension

The Zimbabwe Stock Exchange (ZSE) yesterday lifted Meikles Limited (Meikles)'s suspension from trading on the local bourse after baulking at the conglomerate's High Court challenge.In its papers, the ...

By Staff reporter | Published: 07 June 2015

ZIMBABWE

ZSE suspends Meikles

Meikles Limited (Meikles) has been suspended from the Zimbabwe Stock Exchange (ZSE) amid reports that the bourse is probing the group's financials for the year to March 2014, particularly disclosure o...

By Staff reporter | Published: 07 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

ZIMBABWE

'Medium cap stocks outperform blue-chips'

Medium cap stocks outperformed their blue-chip counterparts on the Zimbabwe Stock Exchange (ZSE) last year with the trend expected to continue through the current year if macro-economic fundamentals d...

By Tawanda Musarurwa | 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

AFRICA

SA stocks up on Greece hopes

Johannesburg -SA stocks edged up on Monday after scaling fresh record peaks earlier, tracking global shares which hit five-months highs, with Woolworths extending its rally spurred by solid earnings.W...

By news24 | Published: 16 February 2015

ZSE TODAY

Meikles suspended from ZSE

The Zimbabwe Stock Exchange has suspended Meikles Limited from trading with effect from today.The bourse announced without immediately giving reasons for the suspension.However, sources have said the ...

By Staff reporter | Published: 16 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 in marginal increases

The equities markets let up slightly on its negative run adding on 0,42 percent as several heavy weight counters experienced gains.The industrial index was up 0.77 points to close trade at 184.37 poin...

By Staff reporter | Published: 29 July 2014

ZIMBABWE

ZSE listing rules ready by January 2015

Mr Chirume said that new listing rules for the Zimbabwe Stock Exchange should be ready by January next year.ZSE is seeking to compel listed firms to, among a host of other new regulatory requirements,...

By Staff reporter | Published: 29 July 2014
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