Breaking News

ZSE Market Report:- Industrials uptrend continues to hold as Minings stutters

by Business reporter
23 January 2013 | 2822 Views
ZSE's Industrials uptrend continued to hold on Wednesday and has held the upward trend since January 3 with heavyweight counters largely in favour.

The Industrials Index added 1.04 points or 0.65% to close at 167.52 resulting in its gains since January 1 rising to 9.90% whilst Minings Index eased 1.17 points or 1.51% to 76.19 as RioZim dropped 2.99c to 55c.

Total transaction value slightly eased to $1,414 million on a volume of 2.879 million shares from yesterday's $1,632 million on a volume of 10.04 million shares.

Blue chip counter Delta remained buoyant in the wake of positive trading update adding 0.49c to another all-time high of 115.5c while Econet remained stable at 520c.

Innscor picked up another 1c to trade at its previous all-time high of 81c in spite of reports that government is mounting pressure on the conglomerate to comply with the indigenisation law.

Meikles advanced another 0.77c to 21.9c as the market continues to speculate on the company's reported involvement in diamond mining activities in Chiadzwa.

Retailer OK Zimbabwe shares added a modest 0.06c to 15.66c while bankers CBZ was 0.11c up at 10.11c. Cement maker Lafarge was the day's top riser after adding 10c to 70c and remains buyers at the same price.




There were only 3 counters to trade lower across the board with dual listed Old Mutual easing a modest 0.01c to 174c whilst Padenga lost a marginal 0.01c to 4.7c.

The Datvest All Share Index, which has now done 9.87% since January 1, was 0.47% up at 110.85 whilst the heavyweights' measure, the FBC ZSE-10 Index was 0.33% firmer at 114.60 taking its gains this year to date to 12.53%. Year on year the DASI is up 18.74% while the FBC ZSE-10 is 28.81% in the green. 

ZSE Industrials

Source: zfn

Does Prophet Magaya's anointing oil work?

Yes
16.9%
No
70.89%
Spiritual matters
12.21%
426

Comments

News Updates

Email:

Latest News

FlyAfrica mulls special fare for school children - Local budget airlin...

by Staff reporter | 02 March 2015 | 1319 Views

Mugabe son in-law in no show - President Robert Mugabe's son in law Si...

by Staff Reporter | 02 March 2015 | 6183 Views

Women stabs hubby with 3 kitchen knives, killing him in the process - ...

by Staff reporter | 02 March 2015 | 3923 Views

All Zimbabweans are equal regardless of race, colour or creed - Zim...

by Obert Chaurura Gutu | 02 March 2015 | 1656 Views

Unpacking Mugabe's own lack of confidence in his 'leadership' abilitie...

by Fbr Mthokozisi Ndiweni | 02 March 2015 | 2257 Views

MDC-United unstoppable, Zimbabweans pin hopes on teamwork - The on cou...

by Kurauone Chihwayi | 02 March 2015 | 2162 Views

Mugabe's imprisonment threat enough to scar the cowardly Mutasa! - Mug...

by Wilbert Mukori | 02 March 2015 | 2697 Views

Gushungo Dairy to start ice cream and chocolate production - Grace Mug...

by Staff reporter | 02 March 2015 | 1215 Views

Bus accident 6 dead, 39 injured - Six people died while 39 were injur...

by Staff reporter | 02 March 2015 | 3142 Views

Mugabe told to 'stop making laughable public statements' - Former Zanu...

by Staff reporter | 02 March 2015 | 4490 Views

Mujuru and her allies will rot in jail, says Mugabe - In an ominous bi...

by Staff reporter | 02 March 2015 | 3537 Views

'I'm not afraid of Mugabe' - Former Zanu-PF spokesperson Rugare Gumbo ...

by Staff reporter | 02 March 2015 | 4460 Views

Zimbabwean youngster signs 2 year contract with Ipswich - A highly ra...

by Staff reporter | 02 March 2015 | 4267 Views

Chiyangwa appears to have patched things with wife Elizabeth

by Staff reporter | 02 March 2015 | 6372 Views

Welshman Ncube, Tendai Biti in futile endeavour

by chronicle editorial | 02 March 2015 | 5289 Views

Mutasa, the Chinhoyi diesel discovery illusionary badly miscalculated ...

by Suitable Kajau | 02 March 2015 | 4183 Views

The inevitable demise of opposition politics in Zimbabwe - The post 20...

by Prince Khumbulani Malinga | 02 March 2015 | 1466 Views

Wanted person - Picture - Police are looking for a man wanted in con...

by Staff reporter | 02 March 2015 | 6394 Views

Chaos at Zinasu meeting - A ZIMBABWE National Students Union (ZINASU) ...

by Staff reporter | 02 March 2015 | 1604 Views

Supersport deal delays Zimbabwe PSL kick-off - SOCCER fans would have ...

by Grace Chingoma | 02 March 2015 | 2385 Views

Mugabe eyesight problems worsen - PRESIDENT Robert Mugabe's eyesight p...

by Staff reporter | 02 March 2015 | 5820 Views

Mnangagwa was first class freedom fighter but State President, no! - W...

by Patrick Guramatunhu | 02 March 2015 | 3598 Views

World Bank to disburse funds to Zimbabwe this month - The World Bank w...

by Staff reporter | 02 March 2015 | 2426 Views

'Opposition party members' children denied access to educational assis...

by Staff reporter | 02 March 2015 | 1106 Views

'We don't regret supporting Zanu-PF,' says Charumbira - Zimbabwe Chief...

by Staff reporter | 02 March 2015 | 1216 Views

Mphoko unfit to lead National Healing and Reconciliation - Heal Zimbab...

by Staff reporter | 02 March 2015 | 1001 Views

'I once confronted Mugabe,' says Mnangagwa - Vice President Emmerson M...

by Staff reporter | 02 March 2015 | 4726 Views

Grace jumped gun on Mujuru, says Mugabe - President Robert Mugabe has ...

by Staff reporter | 02 March 2015 | 5322 Views

Entertainment

DStv annual price increase effective 1 April 2015 - MultiChoice Afric...

by Mafu Sithabile | 02 March 2015 | 1654 Views

Popular Zim dancehall chanter arrested for fraud

by Liberty Dube | 27 February 2015 | 3543 Views

Group pens song for Mugabe - A 7-member group from Acturus has release...

by Staff reporter | 21 February 2015 | 1921 Views

Mathias Mhere saga takes new twist - Gift Mahlupeka, who allegedly che...

by Staff reporter | 20 February 2015 | 10461 Views

Mlambos Express Band flies Matabeleland Flag - Mlambos Express Band po...

by Entertainment Reporter | 20 February 2015 | 3367 Views

Will Smith's marriage is pretty much dead - For the past 18 years, Wil...

by BlackAmericaWeb | 19 February 2015 | 7103 Views
iBlog

Auslogics Boostspeed 7 - More Powerful And User-friendly Than Ever

Auslogics boostspeed 7 - more powerful and user-friendly than ever!wondering how to fix slow computer performance? experts recommend auslogics boostspeed 7 - the most comprehensive system optimization software! auslogics boostspeed 7 is here!the bran... Read More
ITnews 26 August 2014 ago

Is Pregnancy Putting Your Sexual Life On Pause?

it is often believed that once you become pregnant there is no way that you can have sexual intercourse until that baby is born, which results in placing a strong hold on different couples sex lives. in this article we are going to focus on how yo... Read More
adoniadennis 08 December 2014 ago