Breaking News

ZSE:- Econet, Innscor snap Industrials extended rally on profit taking

by Business reporter
06 February 2013 | 3494 Views
ZSE's Industrials fell for the first time in 5 weeks on profit taking in heavly capitalised counters snapping its best rally since dollarisation.

There were only 4 counters to trade lower but Econet's 10c fall to 600c and lnnscor's 3c drop to 100c managed to cancel out gains recorded in 11 other counters.

The Industrials Index dropped 0.21 points or0.11% to 184.54 while the Minings Index remained unchanged at 84.07 as Falgold remained stable at 16c.

Total market turnover however improved to $5,901 million, Is best level so far this year, buoyed by a special bargain of 2 million Delta shares pushed through by brokers IH Securities at 125c.

In normal trades Delta was unchanged at 125c on a volume of over 1.7 million shares resulting in total value of $4,625 million.




Meanwhile, other shares continued to advance to new levels with DZLH adding 1.50c to 25c while Edgars was 1c firmer at its 52-week high of 11c against its all-time high of 15c set on July 22, 2011.

OK Zimbabwe was a modest 0.01c up at 19.11c while strong bidding in Old Mutual and PPC saw the dual-listed counters rising 3.01c and 11c each to close at 184.01 c and 228c respectively.

TSL advanced another 1c to 14.51c in the wake of its upbeat financial results where a dividend of 0.43c was also declared.

Masimba traded for the first time since the change of name from M&R closing 0.19c firmer at 2.99c. Meikles recovered 0.50c to22c while NMB added 0.10c to 1.11c.

Other counters to trade lower were Afdis which eased a marginal 0.01c to 15c and Cafca, down 5c to 55c.

The Datvest All Share Index eased 0.27% to 122.74 while the heavyweight's measure, the FBC ZSE-10 Index was down 0.76% to 127.83.

ZSE Econet

Source: zfn

Should Miss World Zimbabwe have been dethroned?

Yes
31.55%
No
63.69%
Not sure
4.76%
336

Comments

News Updates

Email:

Latest News

Employers need a re-think on termination of workers contracts

by Suitable Kajau | 28 July 2015 | 498 Views

All-wheel drive F-Type claws its way into sub-Sahara Africa

by Jaguar Land Rover sub-Sahara Africa | 28 July 2015 | 391 Views

Zimbabwe Entrepreneurship Summit to be held in Bulawayo

by Staff Reporter | 28 July 2015 | 645 Views

'No economic turnaround with Mugabe in power'

by Sij Ncube | 28 July 2015 | 1048 Views

NewsDay sports editor 'fired'

by Thobekile Zhou | 28 July 2015 | 2701 Views

Zimparks issue statement on professional hunter who killed lion

by Stephen Jakes | 28 July 2015 | 2188 Views

Zanu-PF MP sues diamond firm for $230,000

by Staff reporter | 28 July 2015 | 1444 Views

Caps United legend 'Carlos Max' in court over tax

by Staff Reporter | 28 July 2015 | 2000 Views

Tomana ordered to reinstate prosecutors

by Staff reporter | 28 July 2015 | 1815 Views

Man pushed into oncoming truck following a toilet dispute

by Staff reporter | 28 July 2015 | 1823 Views

Soldier slit wife's throat using a knife

by Staff reporter | 28 July 2015 | 1911 Views

Tomana petitioned on 'iconic' lion Cecil

by Thobekile Zhou | 28 July 2015 | 1435 Views

Obama takes a jibe at Africa's 'life presidents'

by Thobekile Zhou | 28 July 2015 | 3632 Views

Gaddafi's son Saif sentenced to death

by Staff reporter | 28 July 2015 | 2880 Views

Ministry can't take any action against 'vuzu parties'

by Staff reporter | 28 July 2015 | 2836 Views

Ignore immigration hogwash, SA tells Zimbabweans

by Agencies | 28 July 2015 | 5848 Views

Mphoko to tour Matabeleland South

by Staff reporter | 28 July 2015 | 1945 Views

'Mugabe's government clueless, useless,' says Welshman Ncube

by Staff reporter | 28 July 2015 | 2761 Views

'I used protection, the child is not mine'

by Prosper Dembedza | 28 July 2015 | 3465 Views

Will Dembare be penalised for throwing missiles at BF?

by Ricky Zililo | 28 July 2015 | 2545 Views

Souljah Love arrested minutes before his gig

by Staff reporter | 28 July 2015 | 2933 Views

Woman 'raped' over hubby's $1 debt

by Auxilia Katongomara | 28 July 2015 | 3037 Views

Sex baboon shuts down school

by Pamela Shumba | 28 July 2015 | 5278 Views

MDC-T in election boycott u-turn

by Tendai Mugabe | 28 July 2015 | 2007 Views

Cop swallows bribe money at Barbourfields

by Staff reporter | 28 July 2015 | 3505 Views

Duo in $24 000 fraud scam

by Staff Reporter | 28 July 2015 | 1990 Views

Man produces unused condoms, ask for sex from married woman

by Stephen Jakes | 28 July 2015 | 3611 Views

Mugabe pleads with wayward Chatunga

by Staff reporter | 28 July 2015 | 7029 Views

Obama excludes Mugabe from AU meeting

by Staff reporter | 28 July 2015 | 4640 Views

Entertainment

Bev causes UK man to soil pants

by Bongani Ndlovu | 28 July 2015 | 4664 Views

Maskandi Mtshengiseni Gcwensa dies

by Stephen Jakes | 28 July 2015 | 3383 Views

Let me be! - Acie Lumumba

by TWZ | 28 July 2015 | 1670 Views

Bev returns home

by Staff reporter | 28 July 2015 | 5119 Views

Rapper Chad and Grammy winner Soko partner on EFT single

by Anashe Press Relations | 27 July 2015 | 1977 Views

All set for Chibuku Neshamwari National Finals in Bulawayo

by Thobekile Zhou | 25 July 2015 | 1662 Views

Zimbo Rhumba musician to drop third album

by Mafu Sithabile | 28 July 2015 | 4678 Views

'Be careful how you conduct yourself,' Nox Guni told

by Ndou Paul | 23 July 2015 | 6518 Views
iBlog

Ios 9 Features Inspired By Android

apple announced ios 9 on monday, and while watching the keynote, i had just a little bit of déjà vu. most of ios 9's new features seem to be squarely aimed at apple's biggest rival in mobile: android. specifically, they were about catching up to ... Read More
Sergey 13 June 2015 ago

Hp Omen 15-5116tx – The Next Generation Gaming Laptop

the hp omen 15-5116tx is being targeted at the performance hungry gamers. it comes in a single variant boasting an eye-catching attractive design. the notebook offers a slim, lightweight chassis and appears like a piece of art than an actual gaming... Read More
Sergey 11 June 2015 ago