Breaking News

ZSE:- Industrials trips again as profit taking extends to mid-cap stocks

by Business reporter
12 February 2013 | 2108 Views
ZSE shares dwindled on Tuesday as investors continued to cash-in on gains made in heavily capitalised counters and mid-cap counters which have had a fairly good performance since January.

The Industrials Index dropped 0.78 points or 0.43% to 182.33 whilst the Minings Index lost 2.85 points or 3.43% to 80.15.

Fallers on the day outnumbered risers by 14 to just 6 while 21 out of the 41 counters that traded remained unchanged at previous levels.

BAT and Econet traded at their all-time highs of 505c and 620.01c respectively but failed to cancel out losses across the board.

Total daily transaction value remained above the psychological $1 million level closing at $1,166 million for a volume of 20.83 million shares.

Delta lost another 0.48c to 124.5c while food giant Innscor had buyers and sellers lower at 85c and 92c respectively.

MedTech led the fallers after losing 0.15c or 75% to 0.05c largely correcting its inconspicuous price of 0.2c. African Sun eased 0.01c to 1.4c while CBZ was 0.50c weaker at 11c.

Other notable counters to trade lower were Lifestyle which lost 0.20c to 0.4c, Pelhams 0.10c weaker at 0.2c and PG Industries which dropped 0.10c to 0.2c. Powerspeed also eased 0.50c to 1.5c.




In Minings, Bindura was 0.10c lower at 3.1c while Hwange remained unchanged at 19.5c. RioZim was bid and offered lower at 30c and 40c respectively after the High Court yesterday ordered Tourism minister Walter Mzembi, his personal assistant Obediah Mazombwe and Chivi South legislator Ivene Dzingirai to vacate Renco Mine and not interfere with its operations with immediate effect

The Datvest All Share Index remained in the red shedding 0.15% to 121.63 while the heavyweights measure, the FBC ZSE-10 Index rebounded by 027% to 126.56.


ZSE Industrials

Source: zfn

Should Zimbabweans be deported from the UK?

Yes
27.31%
No
70.85%
Not sure
1.85%
271

Comments

News Updates

Email:

Latest News

Zifa, Gorowa in talks of Warriors coaching job - ZIFA have revived the...

by Petros Kausiyo | 23 April 2014 | 43 Views

Zimsec board to draft Zimbabwe-centric curriculum - Zimbabwe heritage...

by Staff reporter | 23 April 2014 | 136 Views

Top cop up for fines theft - Zimbabwe Republic Police Matapi officer-i...

by Fungai Lupande | 23 April 2014 | 251 Views

Kombi runs over toddler - According to a reader, the confrontation bet...

by Staff reporter | 23 April 2014 | 473 Views

Man infects wife with HIV, dumps her for a girlfriend - A WOMAN on Tue...

by Staff reporter | 23 April 2014 | 483 Views

'Army wields influence on Mugabe succession matrix' - ZIMBABWE'S milit...

by Staff reporter | 23 April 2014 | 574 Views

Man rapes, infects juvenile with STI - A 24-YEAR-OLD Silobela man in t...

by Staff reporter | 23 April 2014 | 510 Views

'I'm now broke,' says Tsvangirai - FORMER Prime Minister Morgan Tsvang...

by Staff reporter | 23 April 2014 | 911 Views

Granny axes hubby to death over sex

by Staff reporter | 23 April 2014 | 978 Views

Chiyangwa gives striking guards a banana and $2 each - Phillip Chiyang...

by Staff reporter | 23 April 2014 | 870 Views

ZCTU to intervene in MDC-T fiasco - The Zimbabwe Congress of Trade Uni...

by Staff reporter | 23 April 2014 | 408 Views

'Mugabe out to destroy me,' says Tsvangirai - MDC-T leader Morgan Tsv...

by Staff reporter | 23 April 2014 | 692 Views

US returns to ZITF after long absence - The number of countries partic...

by Staff reporter | 23 April 2014 | 313 Views

Ndebele defends controversial Jaure decision - THE Premier Soccer Leag...

by Sikhumbuzo Moyo | 23 April 2014 | 479 Views

Bev confirms return to the dance floor

by Staff reporter | 23 April 2014 | 807 Views

Man stabbed over extra-marital affair

by Sukulwenkosi Dube | 23 April 2014 | 726 Views

Zimbabweans imported 206k cars worth over $606 million

by Zvamaida Murwira | 23 April 2014 | 628 Views

Party turns into a funeral - A PARTY turned into a funeral recently wh...

by Angeline Mpofu | 23 April 2014 | 1073 Views

Man kept $700,000 in kitchen, maids stole it - THREE Harare housemaids...

by Staff reporter | 23 April 2014 | 936 Views

Man steals from Judge to pay lobola

by Lovemore Meya | 23 April 2014 | 583 Views

SuperSport hit back on Prophet Angel lawsuit - South African media com...

by Daniel Nemukuyu | 23 April 2014 | 551 Views

Steward Bank to close 8 branches - Steward Bank intends to close about...

by Tinashe Makichi | 23 April 2014 | 646 Views

Govt dismisses Majome ZBC's licence fees application - GOVERNMENT has ...

by Daniel Nemukuyu | 23 April 2014 | 377 Views

Headmasters not happy that teachers earn more, demands for review - T...

by Zvamaida Murwira | 23 April 2014 | 708 Views

Prophetess falls into a 'trance', drown at Church Ceremony - A self-pr...

by Prosper Dembedza | 23 April 2014 | 594 Views

ZITF marred by power cuts - The opening day of the Zimbabwe Internatio...

by Staff Reporter | 22 April 2014 | 1161 Views

19 countries exhibiting at ZITF - Nineteen countries are exhibiting at...

by Staff Reporter | 22 April 2014 | 966 Views

Pedestrian knocked down at Nkulumane complex - WhatsApp update

by Concerned Citizen | 22 April 2014 | 2235 Views

Entertainment

Rising reggae star Matty Julius comes to Zim Achievers Awards

by Arts Correspondent | 23 April 2014 | 179 Views

Tuku Recalls Picky for Greatest Hits Concert

by Staff Reporter | 22 April 2014 | 1328 Views

Oskido, Big Nuz in no show - SCORES of revellers were baying for South...

by Thupeyo Muleya | 22 April 2014 | 806 Views

Hosiah Chipanga likens self to biblical Noah - VETERAN musician-cum-pr...

by Liberty Dube | 20 April 2014 | 2912 Views

SA based Chimurenga musician release album

by Staff Reporter | 23 April 2014 | 2358 Views

Deborah Fraser jets in

by Staff Reporter | 19 April 2014 | 2711 Views

All-white party for Dongo - Soulful singer Trevor Dongo is set perform...

by Jonathan Mbiriyamveka | 18 April 2014 | 2725 Views

Tuku Greatest Hits Concert postponed - Oliver Mtukudzi's Greatest Hits...

by Staff reporter | 16 April 2014 | 1826 Views

'Corruption is betrayal of the values of the liberation struggle' says...

by Jonathan Mbiriyamveka | 16 April 2014 | 2281 Views

Stand Up comedian to record one man show in Zimbabwe - Daliso Chaponda...

by Staff reporter | 16 April 2014 | 1605 Views

L'Vovo Derrango billed for Bulawayo show - THOSE attending the Zimbabw...

by Bongani Ndlovu | 16 April 2014 | 1778 Views
iBlog

Snake Girl Attracts Crowd & Tourists To Thailand

I think this is another hoax going around the internet today. online reports claim that 8 year-old mai li fay, from bangkok, is far from living the usual life of a girl her age. everyday, thousands of people gather to the front of her family's house ... Read More
Malema 15 January 2014 ago

Yet Another Wave Of Digital Destruction Is Coming

Malware fever keeps on raging, taking sophisticated forms to wreak havoc around the worldwide web. even if your system is guarded thoroughly, you are still skating on thin ice, so you should better keep your eyes open and think twice before you make ... Read More
SecNews 02 March 2014 ago