Breaking News

ZSE:- Industrials slides again as profit taking weighs off recent gains

by Business reporter
07 February 2013 | 2310 Views
Industrials slid again on Thursday as investors continued to recoup profits in selected counters that recorded significant gains over the past 5 weeks.

The Minings Index however rebounded 0.89 points or 1.06% to 84.96 following gains in Bindura, up 0.10c to 3.2c. The Industrials Index was 0.68 points or 0.37% lower at 84.96.

Blue chip Innscor weighed heavily on the Industrials Index after dropping 0.05c to 99.95c in trades worth $229 044 while Delta remained constant at 125c in deals worth $372 041.

Econet also remained stable at 600c trading 152 480 shares worth $1,036 million after proposing a share split involving the division of every 1 existing share into 10 ordinary shares to make the stock affordable to small investors.

SeedCo was the top loser of the day dropping 17c to 60c after recently issuing a profit warning statement saying profits would be lower than the previous year.

Interfresh led today's gainers adding a modest 0.05c or 50% to 0.15c despite the recent acquisition of a significant portion of land by the First Family.

Other risers on the day were Willdale and Afre which advanced 25% and 6.25% to trade at 0.05c and 8.50c respectively.

RTG remained stable at 1.3c after NSSA snapped up over 70% of the new ordinary shares issued during the $4.5 million rights offer.

Turnall dropped 0.50c to 5c after reports that FBC terminated discussions for the planned disposal of a controlling stake in Turnal and is now accelerating the planned merger between its commercial banking unit and the building society. FBC, however closed buyers only at 8.3c.

DZHL advanced to an all-time high of 25.42c after strong bidding for about 3 million shares worth $891 142 while TSL added 0.49c to another all-time best of 15c. Hunyani eased 0.20c to 2.7c.




The Datvest All Share Index eased 0.59% to 122.01 while the FBC ZSE-10 Index was 0.81% weaker at 126.80.

Meanwhile Kingdom Stockbrokers is reportedly winding up operations after the firm decided not to renew its operating licence amid indications that management intends to refocus the business.


ZSE Industrials

Source: zfn

Could there be war if Grace Mugabe becomes President?

Yes
74.46%
No
9.24%
Who cares?
16.3%
368

Comments

Latest Classifieds (Click Here For More)

News Updates

Email:

Latest News

Zesa power outage riles Mugabe - President Robert Mugabe yesterday cam...

by Staff reporter | 25 October 2014 | 19 Views

My aunt taught me how to have sex, says rapist

by Staff Reporter | 25 October 2014 | 2361 Views

Incompetent cops - WhatsApp update - Please note that Bulawayo24 does...

by Concerned Citizen | 25 October 2014 | 1144 Views

'Amaiguru Gire is working tirelessly hard to destroy Zanu PF' - Please...

by Sando kuna Gire | 25 October 2014 | 4605 Views

Rotary Club of Bulawayo donates to Tjewondo Primary School

by Collin Nyabadza, Executive Director - Collin Nyabadza Children's Voice Charitable Trust | 25 October 2014 | 879 Views

Dr Joice Mujuru graduation party - Live updates - Vice President Joic...

by Staff reporter | 25 October 2014 | 6905 Views

Politburo ends pre-matually - The Zanu-PF Politburo meeting has ended ...

by Staff reporter | 25 October 2014 | 2420 Views

Mujuru's political life hangs in balance, kept guessing - Vice-Preside...

by Staff reporter | 25 October 2014 | 2362 Views

Zanu-PF Politburo drama fails to materialise - THE Zanu-PF politburo g...

by Staff reporter | 25 October 2014 | 1311 Views

Mugabe convenes parliament - President Robert Mugabe will next week op...

by Staff reporter | 25 October 2014 | 1085 Views

Tsvangirai broke, failing to maintain government mansion - MDC-T leade...

by Staff reporter | 25 October 2014 | 1111 Views

Bosso ranked higher than English Premier sides QPR, Pompey - BULAWAYO ...

by Sikhumbuzo Moyo | 25 October 2014 | 1756 Views

Adulterous man sued for maintenance - A BULAWAYO magistrate has grante...

by Lethokuhle Moyo | 25 October 2014 | 993 Views

Cop gets a thorough hiding, left with swollen face - A policeman was ...

by Plaxcedes Hove | 25 October 2014 | 1357 Views

Teacher suspended over sex with Grade 6 pupil - THE teacher from Roman...

by Sukulwenkosi Dube | 25 October 2014 | 1477 Views

Man brutally axed to death, body dumped on railway line

by Bongani Ndlovu | 25 October 2014 | 2030 Views

R50 abortion specialist nabbed

by Staff Reporter | 25 October 2014 | 1378 Views

Macheso granted provisional order against abusive hubby

by Staff Reporter | 25 October 2014 | 3245 Views

Mugabe okays Mliswa ouster

by Farirai Machivenyika | 25 October 2014 | 4685 Views

War vets to stage anti-Kaukonde protest

by Staff Reporter | 25 October 2014 | 3377 Views

Jabulani Sibanda urged to resign over 'sharp shooter' Grace Mugabe

by Staff Reporter | 25 October 2014 | 4928 Views

'Zanu-PF is much bigger than personal ambitions and vendetta' - The cu...

by Kennedy M. Mandaza, ZANU PF SA Secretary for Information and Publicity | 25 October 2014 | 2981 Views

Zanu-PF official embroiled in sex scandal, including raping girl (9) -...

by Staff Reporter | 24 October 2014 | 5705 Views

No meaningful devolution without fiscal autonomy - The ZAPU devolution...

by Themba Mthethwa | 24 October 2014 | 1863 Views

Open letter to Grace Mugabe - I AM sure you don't know me at all, bei...

by GP Ndlovu | 24 October 2014 | 9314 Views

Eziko Theatre Laboratory - WhatsApp update

by Byo Residents | 24 October 2014 | 2136 Views

'Mujuru's US ties behind fallout with Mugabe' - VICE-PRESIDENT Joice M...

by Staff reporter | 24 October 2014 | 8920 Views

Maid steals from dead employer - A MAID who had an affair with her la...

by Thubelihle Mabhena | 24 October 2014 | 5478 Views

Entertainment

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

by Staff reporter | 23 October 2014 | 945 Views

LadyBee Anondida - Official video

by Staff Reporter | 23 October 2014 | 2223 Views

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

by Staff reporter | 20 October 2014 | 2875 Views

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

by Staff reporter | 20 October 2014 | 5322 Views

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

by Staff reporter | 19 October 2014 | 1597 Views

Gezha maoko - Ladybee (Official Video)

by Staff Reporter | 19 October 2014 | 2884 Views

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

by Staff Reporter | 17 October 2014 | 1839 Views

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

by Staff reporter | 16 October 2014 | 2143 Views
iBlog

Top 10 Causes Of Vaginal Bleeding After Intercourse

bleeding after sex can be rather alarming, and there could be many reasons why a woman would bleed after sex. though most women bleed after their first time having sex, if bleeding becomes frequent, there may be an underlying issue. below are the 1... Read More
adoniadennis 02 May 2014 ago

Advanced Systemcare Free To Optimize The Os Still Support Xp

the update systemcare free 7.3.0.456 (a set of tools to optimize the operating system) – now available.advanced systemcare is a free package to optimize, tweak, fix bugs and improve the overall performance of the operating system.the program anal... Read More
ITnews 02 June 2014 ago