Breaking News

ZSE Report:- Industrials remains upbeat amid first block deals of 2013

by Business reporter
29 January 2013 | 2733 Views
Industrials remained upbeat on Tuesday with selected heavyweights treading new highs as brokers Imara executed the markefs first special deals in 2013.

The Industrials Index added 0.71 points or 0.41% to 171.96 taking its continuous rising streak to 19 consecutive sessions while the Minings Index eased 1.96 points or 2.49% to 76.90 as RioZim slipped 5c back to 50c.

Volumes improved slightly from yesterday as a result of 2 special deals in Dawn Properties 32.78 million shares at 0.76c and PG Industries 12.25 million shares at 0.70c pushed through by Imara.

Thus turnover came in at $1.581 million shares on a volume of 52.04 million shares compared with $1.459 million on a volume of 10.36 million shares that traded yesterday.

Delta shares hit another all-time best of 119.02c with buyers still looking at 119c and no sellers in sight. Econet remained stable at 535c in deals worth $619 316.

Cigarette manufacturer BAT continued to advance adding 10c to 470c taking its gains since January 1 to 30.6%.




Innscor added a modest 0.02c to another all-time best of 83.13c in deals worth just under a $1 000 with no sellers on the board. Padenga also picked up 0.40c to 5c.

Life assurer Fidelity Life was 0.50c firmer at 12.5c while NicozDiamond recovered 0.01c to 1c. Pearl Properties gained 0.10c to 2.55c.

Dual listed Old Mutual added 4.90c to 180c, its 52-week best level and just shy of its all-time high of 185c reached on November 24,2009. SeedCo was 1c firmer at 78c.

Barclays eased 0.01c to 3.6c amid reports foreign banks are negotiating with the government on the terms on how they could comply with the indigenisation laws.

Other counters to trade lower were Astra which eased 0.50c to 5c ahead of its AGM on Thursday. DZHL and Meikles lost 0.01c and 0.60c each to 21c and 23c respectively.

NMB added a modest 0.01c to 0.76c after announcing plans to raise $14.8 million additional capital by way of placement with strategic institutional foreign investors.

On the Zfn board, the benchmark Datvest All Share Index advanced 0.31% to 113.70 taking its gains year on year to 25.25% while the heavyweights measure, the FBC ZSE-10 Index added 0.43% to 117.98 and is now 36.05% on year earlier.


ZSE

Source: zfn

Should Miss World Zimbabwe have been dethroned?

Yes
30.73%
No
64.8%
Not sure
4.47%
358

Comments

News Updates

Email:

Latest News

Hotel group fires all 216 workers

by Staff Reporter | 04 August 2015 | 419 Views

Zimbabwean fraudster nabbed in Botswana

by Stephen Jakes | 04 August 2015 | 410 Views

Plumtree High school fails to pay workers for 8 months

by Stephen Jakes | 04 August 2015 | 454 Views

Plumtree council impose ambulance levy on residents

by Staff Reporter | 04 August 2015 | 318 Views

Mugabe urged to focus on serious issues, not Cecil the lion

by Thomas Chiripasi | 03 August 2015 | 2497 Views

Law Society of Zimbabwe baffled by Dzamara's welfare

by Stephen Jakes | 03 August 2015 | 3262 Views

Killing of Cecil sparks calls to ban trophy hunting

by Don Pinnock | 03 August 2015 | 1053 Views

SA minister protest not visiting Rhodes grave site

by Thobekile Zhou | 03 August 2015 | 3810 Views

Zimbabwean denied bail in Botswana

by Staff Reporter | 03 August 2015 | 2376 Views

UK landlords to evict failed asylum seekers

by Agencies | 03 August 2015 | 2775 Views

'Upgrade Beitbridge border post'

by Staff reporter | 03 August 2015 | 2923 Views

Zimpost issues heroes postage stamps

by Zimpost | 03 August 2015 | 1557 Views

Mamelodi Sundowns to loan out Kuda Mahachi

by Sports reporter | 03 August 2015 | 3849 Views

Dembare goalkeeper's blunders cost Young Warriors

by Sports reporter | 03 August 2015 | 2957 Views

Tsvangirai's political obituary under construction

by Stephen Jakes | 03 August 2015 | 3220 Views

Pasuwa quits national team

by Ricky Zililo | 03 August 2015 | 2813 Views

Where is King Mzilikazi? - SA central bank boss asks

by Thobekile Zhou | 03 August 2015 | 4158 Views

Chinamasa snubs Bulawayo journalists on second hand clothes ban

by Thobekile Zhou | 03 August 2015 | 2742 Views

Kombi accident kills four

by Staff reporter | 03 August 2015 | 6484 Views

House intruder tries to rape sleeping woman

by Stephen Jakes | 03 August 2015 | 4550 Views

Zimbabwe to build new railway line network

by Staff reporter | 03 August 2015 | 3890 Views

Zanu PF councillor placed off remand in illegal land sale scam

by Steven Jackson | 03 August 2015 | 2378 Views

Mugabe to block civil service retrenchments

by Staff reporter | 03 August 2015 | 5159 Views

Entertainment

Rebecca Malope has been married for long but no one knows

by Staff Reporter | 04 August 2015 | 743 Views

Singer Daniel Jenkins says no to date rape

by Zororo Makamba | 04 August 2015 | 599 Views

Rapper's wife caught cheating

by Staff reporter | 03 August 2015 | 6416 Views

Thokozani Langa consoles Mtshengiseni Gcwensa's familly

by Staff Reporter | 01 August 2015 | 3196 Views

Stand-up comedy on the rise in Bulawayo

by Staff reporter | 01 August 2015 | 2400 Views

Heavy K expected in Bulawayo

by Staff reporter | 01 August 2015 | 2232 Views

Gwanda gospel music extravaganza confirmed

by Staff correspondent in Pretoria South Africa | 29 July 2015 | 3887 Views

Zim music industry dead - Prof Moyo

by Staff Reporter | 29 July 2015 | 5289 Views