Breaking News

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

by Business reporter
29 January 2013 | 2553 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

Could there be war if Grace Mugabe becomes President?

Yes
75.31%
No
9.05%
Who cares?
15.64%
243

Comments

Latest Classifieds (Click Here For More)

News Updates

Email:

Latest News

Woman launches new political party - A NEW political party, the Afric...

by Staff Reporter | 22 October 2014 | 423 Views

Tillage starts at a slow pace

by Staff Reporter | 22 October 2014 | 778 Views

Salaries dominate govt expenditure - Public sector salaries continue t...

by Staff Reporter | 22 October 2014 | 1267 Views

Gun shot in Canada parliament building - Video

by Staff Reporter | 22 October 2014 | 1129 Views

Veld fires kill nine people

by Staff Reporter | 22 October 2014 | 1601 Views

Man threatens to kill dad over money from rent - A disobedient son wen...

by Staff Reporter | 22 October 2014 | 1670 Views

Dr Simba Makoni Leave Dr Grace Mugabe Alone

by Suitable Kajau | 22 October 2014 | 4074 Views

Msipa demanding answers from Mugabe - HARARE - Respected Zanu PF elder...

by Staff Reporter | 22 October 2014 | 4367 Views

'Grace Mugabe a liar' - HARARE - Opposition leader Simba Makoni has br...

by Staff Reporter | 22 October 2014 | 2838 Views

State must have nothing to fear - Dzamara - Over 150 people today turn...

by Itai Dzamara | 22 October 2014 | 2481 Views

'I saw a vision of me ruling the heavenly kingdom' says Grace Mugabe

by Staff Reporter | 22 October 2014 | 4259 Views

Woman says she steals for a living, Magistrate left speechless

by Leonard Ncube | 22 October 2014 | 2341 Views

Cyclist kills pedestrian - A cyclist has been fined $400 for hitting a...

by Staff Reporter | 22 October 2014 | 1380 Views

Mother of Pistorius's girlfriend insists she did not want 'revenge'

by Staff Reporter | 22 October 2014 | 1621 Views

Uniting the Ndebele People - The Mzilikazi Cultural Association, MCA i...

by Mzilikazi Cultural Association | 22 October 2014 | 1452 Views

'Insecure' man locks wife in bedroom until he returns from work

by Staff Reporter | 22 October 2014 | 3563 Views

Wrong Ndebele spellings in Coca-Cola Ads - After launching its "Share...

by Staff Reporter | 22 October 2014 | 3597 Views

Duo arrested for sodomising boy (10) - A 10-year-old boy has allegedly...

by Staff Reporter | 22 October 2014 | 1916 Views

Update from Africa Unity Square - Live Update - This live update is fr...

by Africa Unity Square | 22 October 2014 | 5048 Views

BREAKING: Cops in riot gear chase people from Africa Unity Square

by Concerned Citizen | 22 October 2014 | 5703 Views

Dr Grace Mugabe's tours breathes hope

by Tawanda Museve | 22 October 2014 | 3320 Views

Matebeleland pressure group - cum political party takes Zanu PF war to...

by Tongai Zwayisa | 22 October 2014 | 2984 Views

Power cuts disrupt Sadc conference in Vic Falls

by Staff Reporter | 22 October 2014 | 1593 Views

Ebola vaccine trials in West Africa by January says WHO

by Staff Reporter | 22 October 2014 | 857 Views

Zimbabwean woman and her 3 children die in horrific car crash in Austr...

by Staff Reporter | 22 October 2014 | 2966 Views

Hail Dr Grace Mugabe

by Tawanda Museve | 22 October 2014 | 3241 Views

Wednesday chat with Auntie Noe - Love and Jealousy

by Nobuhle Virgie | 22 October 2014 | 1978 Views

Zim High Court refuses to impose death penalty

by Staff reporter | 22 October 2014 | 1588 Views

Entertainment

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

by Staff reporter | 20 October 2014 | 2286 Views

Grace Mugabe's political comedy takes ZTV hostage - For the past two w...

by Staff reporter | 20 October 2014 | 4580 Views

Oliver Mtukudzi to deliver lecture at Musica 2014 - Zimbabwe's interna...

by Staff reporter | 19 October 2014 | 1303 Views

Gezha maoko - Ladybee (Official Video)

by Staff Reporter | 19 October 2014 | 2270 Views

Matebeleland Music & Arts Festival - Sivala umnyaka ngengoma lapho sit...

by Staff Reporter | 17 October 2014 | 1636 Views

Obediah Matulana releases Christmas DVD - Bulawayo-based musician Obed...

by Staff reporter | 16 October 2014 | 1870 Views

Grace Mugabe honoured in song - Dancehall outfit Final Warning has rel...

by Tawanda Marwizi | 15 October 2014 | 2343 Views

US firm makes money off Zimbabwe concept - United States transport sh...

by Staff reporter | 14 October 2014 | 2944 Views
iBlog