Breaking News

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

by Business reporter
23 January 2013 | 2754 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

Could there be war if Grace Mugabe becomes President?

Who cares?


Latest Classifieds (Click Here For More)

News Updates


Latest News

Mugabe wants to quit says Zambia's new president

by Staff Reporter | 31 October 2014 | 4972 Views

Pastor caught engaging bonking policeman's wife in a car - Married Met...

by Staff reporter | 31 October 2014 | 4307 Views

Reasons why Grace Mugabe attacked Joice Mujuru - Ongoing attempts to e...

by Staff reporter | 31 October 2014 | 4480 Views

Mujuru camp hits back - The Zanu-PF Secretary for Information and Publ...

by Staff reporter | 31 October 2014 | 4467 Views

Thomas Mapfumo not dead - The social media was abuzz on Friday with ...

by Staff Reporter | 31 October 2014 | 3281 Views

Jabulani Sibanda's bedroom coup jab at Mugabe haunts him - The founder...

by Staff reporter | 31 October 2014 | 1922 Views

Sibanda bedroom coup jab at Mugabe was more potent than Ali's left hoo...

by Wilbert Mukori | 31 October 2014 | 4402 Views

Rude awakening for judge aspirant - A former High Court Registrar and ...

by Staff reporter | 31 October 2014 | 2722 Views

Mugabe and friends need to know we will change history narrative - Th...

by Shingai Mugochi | 31 October 2014 | 3164 Views

Gideon Gono to takeover re-branded Zanu-PF?

by Nancy Mabaya | 31 October 2014 | 4651 Views

Inside Mugabe's sealed succession envelope: Fear, self assassinations ...

by Dinizulu Mbikokayise Macaphulana | 31 October 2014 | 4442 Views

When even the gullible can no longer be fooled - The west has once mor...

by Tafara Shumba | 31 October 2014 | 1144 Views

Tsvangirai's wife refuses to be called Dr Macheka - Morgan Tsvangirai'...

by Staff reporter | 31 October 2014 | 7161 Views

Image battered Tsvangirai faces the daunting task of reuniting the par...

by Prince Tongogara | 31 October 2014 | 1962 Views

MDC-T Congress - Live updates - Below are live updates of the Morgan ...

by Staff reporter | 31 October 2014 | 4038 Views

Senzo Meyiwa suspect arrested at Beitbridge border post - A suspect in...

by City Press | 31 October 2014 | 5622 Views

'Mugabe strong armed by the Chinese to support Mnangagwa': Report - T...

by Staff Reporter | 31 October 2014 | 6570 Views

Mujuru's lawyers speak out - Musunga and Associates law firm said it c...

by Staff reporter | 31 October 2014 | 5732 Views

Woman drags young sister to court for sleeping with her hubby

by Staff reporter | 31 October 2014 | 4466 Views

Man commits suicide after girlfriends clash at his place

by Court Reporter | 31 October 2014 | 4099 Views

Mujuru on the ropes as Mugabe says Grace has right to be in politics -...

by Staff reporter | 31 October 2014 | 2750 Views

Mujuru, Mnangagwa to be probed - President Robert Mugabe will soon set...

by Staff reporter | 31 October 2014 | 4500 Views

Thousands demand Mujuru's resignation - Scores of Zanu-PF supporters y...

by Staff reporter | 31 October 2014 | 2286 Views

Zanu PF divisions reach boiling point, Gwanetsa fired

by Staff Reporter | 31 October 2014 | 3000 Views


Our hands are clean, says DJ Munya

by Court reporter | 31 October 2014 | 2493 Views

Oliver Mtukudzi to get 'real' PhD - ICONIC musician Oliver Mtukudzi is...

by Staff reporte | 30 October 2014 | 3133 Views

Zimbabwe's JJ survives Big Brother Africa eviction... again - Zimbabw...

by Staff reporter | 27 October 2014 | 2224 Views

Carl Joshua Ncube to star in game show - Comedian Carl Joshua Ncube wi...

by Staff reporter | 23 October 2014 | 1643 Views

LadyBee Anondida - Official video

by Staff Reporter | 23 October 2014 | 4337 Views

Zim representative in the Big Brother Africa survives eviction - Zimba...

by Staff reporter | 20 October 2014 | 3605 Views

Positions To Make Female Orgasm Easier During Intercourse

some women are fortunate enough to be able to climax easily, and in almost any sexual position. the majority of women though, sometimes find it difficult to orgasm especially when they are with a partner. sometimes this difficulty is just a result ... Read More
adoniadennis 12 May 2014 ago

Obviously, Windows Xp Has Nothing More To Offer

With no support from the manufacturer, windows xp no longer receives antivirus updates, which provoked an increase in the number of attacks on xp users. according to avast company, windows xp systems are attacked 6 times more often than the devices r... Read More
Sergey 12 June 2014 ago