Breaking News

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

by Business reporter
12 February 2013 | 2272 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

Are housemaids an evil lot?

Yes
27.03%
No
64.24%
Not sure
8.73%
481

Comments

News Updates

Email:

Latest News

Dabengwa calls Obert Mpofu bare-faced liar

by Staff Reporter | 19 December 2014 | 227 Views

Mnangagwa threatens merciless crackdown on Mujuru/allies - ACTING Pres...

by Staff Reporter | 19 December 2014 | 231 Views

Dabengwa joins forces with Mujuru - ZAPU leader Dr Dumiso Dabengwa has...

by Staff Reporter | 19 December 2014 | 322 Views

Gukurahundi Western Conspiracy, VP P. Mphoko responds

by Vice President Phelekezela Mphoko | 19 December 2014 | 491 Views

'Zanu-PF won't survive without Mujuru'

by Staff Reporter | 19 December 2014 | 958 Views

Chinotimba wins human rights award

by Staff Reporter | 19 December 2014 | 406 Views

Bellevue Spar Operating an illigal extortionous Grocery Credit Scheem

by Byo Resident | 19 December 2014 | 683 Views

'Tshova Mubaiwa, a welcome gesture in Pumula South' - Please note that...

by Bulawayo Resident | 19 December 2014 | 856 Views

Uhuru Kenyatta signs controversial anti-terror bill

by Staff Reporter | 19 December 2014 | 690 Views

Mugabe promotes 32 army officers - President Robert Mugabe has promote...

by Staff Reporter | 19 December 2014 | 2111 Views

Chicken slice apology

by Staff Reporter | 19 December 2014 | 2120 Views

Zanu-PF fraudsters in court

by Staff Reporter | 19 December 2014 | 1369 Views

VP Mphoko, Sir: Please - please fill in the gaps! - Thank you for putt...

by Casper Dube | 19 December 2014 | 1425 Views

Newborn baby girl dumped in rubbish bin, 'eaten alive' by ants

by Staff Reporter | 19 December 2014 | 2299 Views

Road to unity, not a one day event says VP Mphoko - Newly appointed Vi...

by Staff Reporter | 19 December 2014 | 1359 Views

Four people killed in a gas explosion in Matobo - Four people, all mem...

by Staff Reporter | 19 December 2014 | 2273 Views

Snake 'jumps' out of parked car

by Ndou Paul | 19 December 2014 | 5280 Views

Floods displace five families

by Staff Reporter | 19 December 2014 | 1467 Views

Cimas introduces air ambulance service - Cimas Medical Aid Society has...

by Staff Reporter | 19 December 2014 | 1299 Views

Robert Mugabe: An African Head of State and the State of an African He...

by Dinizulu Mbikokayise Macaphulana | 19 December 2014 | 2373 Views

Zim's blood bank refuses to honour top blood giver

by Staff Reporter | 19 December 2014 | 1986 Views

Buy Zimbabwe honours local companies - Buy Zimbabwe hosted the 2nd Ann...

by Vandudzai Zirebwa | 19 December 2014 | 806 Views

'I am nationalist'

by Discent Collins Bajila | 19 December 2014 | 2575 Views

End of year message from MDC leader Welshman Ncube

by Welshman Ncube, MDC President | 19 December 2014 | 1498 Views

Mnangagwa ally's house burnt down - VICE president Emmerson Mnangagwa'...

by Staff reporter | 19 December 2014 | 5646 Views

Mujuru's woes set to mount - EMBATTLED former vice president Joice Muj...

by Staff reporter | 19 December 2014 | 3554 Views

Son fights mother in court - A FIGHT between a mother and son over a c...

by Staff reporter | 19 December 2014 | 2061 Views

Entertainment

Visually impaired singer gets early Christmas present

by Staff Reporter | 19 December 2014 | 385 Views

Tuku fails to secure seat on Air Zimbabwe

by Staff Reporter | 19 December 2014 | 1638 Views

Mafikizolo jets into Zimbabwe today

by Brenda Phiri | 19 December 2014 | 1073 Views

Sony cancels US release of movie about plot to kill North Korean leader

by Staff Reporter | 18 December 2014 | 1635 Views

Designer sale off 2014

by Hunnar Agency | 18 December 2014 | 2059 Views

10 Zim designers to feature in iFashion Fest 2014

by Hunnar Management Agency | 18 December 2014 | 1891 Views

Kunonga releases fourth album, Kwedu - AFRO-JAZZ singer Victor Kunong...

by Staff Reporter | 18 December 2014 | 664 Views

Ibumba roars into life with Tuku expected to headline the event - THE ...

by Simbarashe Mutizwa | 16 December 2014 | 1216 Views
iBlog

Auslogics Boostspeed 7 - More Powerful And User-friendly Than Ever

Auslogics boostspeed 7 - more powerful and user-friendly than ever!wondering how to fix slow computer performance? experts recommend auslogics boostspeed 7 - the most comprehensive system optimization software! auslogics boostspeed 7 is here!the bran... Read More
ITnews 26 August 2014 ago

Protect Your Greatest Small Business Asset: Time

if your work week is way more than 40 hours, your smartphone is glued to your hand, and your to-do list is multiple pages of overdue tasks—you know how valuable every minute of your time is.your smartphone and tablet make doing business from anyw... Read More
Sergey 05 September 2014 ago