Breaking News

ZSE:- Delta, Innscor weigh on Industrials at week's opening

by Business reporter
11 February 2013 | 2128 Views
Heavyweights Delta and Innscor led the Industrials lower at week's opening largely on profit taking after a strong start to the New Year.




The Industrials Index dropped 0.87 points or 0.47% to 183.11 while the Minings Index remained unchanged at 83.00 as Bindura, Falgold and Hwange traded unchanged at 3.2c, 16c and 19.5c respectively.

Total market turnover remained above the psychological $1 million level at $1.380 million on a volume of 10.05 million shares with significant trades coming in from Barclays, Delta, DZLH and Econet

Innscor slid a significant 4c to 94c while Delta eased a marginal 0.02c to 124.98c as investors recoup profits after a rally that saw most counters trading at record levels.

However other Innscor's associate companies managed gains with Colcom rising 0.30c to 27c while Natfoods was 0.10c firmer at 142.1c.

Econet's 0.99c gain to another all-time high of 611 c failed to outweigh losses in Innscor and Delta. BAT was also 1 c firmer at 501 c ahead of the opening of this year's tobacco selling season on Wednesday.

Aico Africa dropped 1.50c to 10c while SeedCo remained unchanged at 60c in the wake of its profit warning statement saying earnings for the year will be lower than previously anticipated.

DZLH continued to firm after adding 0.95c to 27c, its all-time high while clothing retailer Edgars was 0.10c up at 11.1c.

African Sun led the day's risers after adding 0.16c to its best level in 52 weeks of 1.41c as the counter is still shining on projections that the company is now firmly back to profitability. Masimba led the day's fallers after dropping 0.49c or 16.39% to 2.50c.

Dual listed counter Old Mutual surpassed its all-time high of 185c to close at 185.3c while Pearl Properties was 0.10c firmer at 2.7c.

The Datvest All Share Index was 0.27% down to 121.82 while the FBC ZSE-10 Index eased 0.48% to 126.22.

Innscor Delta ZSE

Source: zfn

Comments

News Updates via Email

Email:

News Updates via WhatsApp

Latest News

Is virginity testing practice still relevant?

by Mpumelelo Ncube | 10 February 2016 | 25 Views

Barclays fined $2.5 million for violating US economic sanctions on Zim...

by Staff reporter | 10 February 2016 | 268 Views

Gardener forges payslip to avoid high maintenance - A Harare gardener ...

by Staff Reporter | 10 February 2016 | 538 Views

Ordinary Level 2015 November Analysis

by Staff Reporter | 10 February 2016 | 945 Views

'They want to kill my children,' says Grace Mugabe

by Thobekile Zhou | 10 February 2016 | 3025 Views

Jonathan Moyo must step down - petition

by Thobekile Zhou | 10 February 2016 | 1980 Views

Zanu-PF women tell Mnangagwa to stop behaving like a 'duck'

by Thobekile Zhou | 10 February 2016 | 1545 Views

'STEM programme should not be subjected to turf warfare' - Jonathan Moyo

by Thobekile Zhou | 10 February 2016 | 618 Views

Security guard jumps to death from 7th floor over money - A Harare sec...

by Staff Reporter | 10 February 2016 | 1127 Views

Cuthbert Dube could pay all MPs from his pocket - Eddie Cross

by Thobekile Zhou | 10 February 2016 | 775 Views

Zanu PF Politburo update - Thousands of supporters besiege HQ

by Thobekile Zhou | 10 February 2016 | 5871 Views

We are living a luxurious life - Zanu PF legislator

by Thobekile Zhou | 10 February 2016 | 3536 Views

'Big Sister' Mujuru Dictator on the Making

by Suitable Kajau | 10 February 2016 | 2311 Views

ZiFM Stereo hits back at Jonathan Moyo -  Privately owned ZiFM St...

by Staff Reporter | 10 February 2016 | 1989 Views

Chronicle offensive cartoon similar to spirit behind Gukurahundi genoc...

by Staff Reporter | 10 February 2016 | 1656 Views

Crunch Politburo indaba on today - TODAY'S eagerly-awaited Zanu-PF Pol...

by Felex Share | 10 February 2016 | 1036 Views

Welshman Ncube's political life under threat - Welshman Ncube oppositi...

by Staff reporter | 10 February 2016 | 932 Views

MDC-T MP, 11 activists acquitted - Erick Murai Highfield East MP (MDC-...

by Staff reporter | 10 February 2016 | 486 Views

MP urges Parliament to look into Mugabe's fitness - Parliament has bee...

by Staff reporter | 10 February 2016 | 1062 Views

Zanu-PF showdown looms - President Robert Mugabe will today preside ov...

by Staff reporter | 10 February 2016 | 833 Views

BCC revenue up by 3% - The Bulawayo City Council (BCC)'s revenue colle...

by Staff reporter | 10 February 2016 | 420 Views

Chinamasa sues Farmers for over $1.2 million - Patrick Chinamasa Finan...

by Staff reporter | 10 February 2016 | 635 Views

My $4 500 salary is not enough, says Town Clerk - Chitungwiza town cle...

by Staff reporter | 10 February 2016 | 739 Views

Zimbabwe seeks $1.1 billion to clear World Bank arrears - Government w...

by Staff reporter | 10 February 2016 | 330 Views

Highlanders 90 years celebrations date set - HIGHLANDERS FC will launc...

by Ngqwele Dube | 10 February 2016 | 380 Views

Police impound 185 pirate taxis - POLICE in Bulawayo have impounded 18...

by Nqobile Tshili | 10 February 2016 | 666 Views

Strike doctors suspended - THE Health Service Board (HSB) has suspende...

by Whinsley Masara | 10 February 2016 | 480 Views

Zimbabwe dam water levels critical - THE country's average dam level r...

by Staff reporter | 10 February 2016 | 347 Views

Prophet Angel's warrant of arrest cancelled - SPIRIT Embassy Ministrie...

by Tendai Rupapa | 10 February 2016 | 574 Views

Entertainment

Aspiring Miss World Zimbabwe models to swear on the Bible they have no...

by Staff Reporter | 10 February 2016 | 252 Views

Trevor Dongo's marriage collapses after 7 months

by Staff Reporter | 09 February 2016 | 4696 Views

1ns and 2s with DJ-Sticha - Business Advice for Aspiring Musicians

by DJ-Sticha | 08 February 2016 | 1018 Views

Double-decker bus blown up in London for 'The Foreigner'

by Staff Reporter | 07 February 2016 | 4034 Views

Every 12 hours a new artist is born into Zim's heavily contested gospel music industry

by Maxwell Teedzai Entertainment in Harare | 07 February 2016 | 1704 Views

Dog eat dog @ #NAMA2016 - THE sturdy list of nominees for the 15th edi...

by Prince Mushawevato | 07 February 2016 | 997 Views
iBlog

What To Look For In Video Converter Software

looking for the best video converter software? you have to compare different video converters before making a purchase.the ability to watch video on different types of devices is a wonderful thing. not so wonderful are the compatibility issues that ... Read More
Sergey 19 June 2015 ago

Tb Joshua Worst Enemy Angelique Tonge Exposed

About two years ago, we came out emphatically about those behind the t.b joshua watch. many were those who thought we were framing innocent people up or on a witch hunt. some events have vindicated us and the cat is out of the bag. it is said that no... Read More
pointblank 01 May 2015 ago