Breaking News

ZSE:- Industrials wades back into negative territory at week's end

by Business reporter
15 February 2013 | 3117 Views
ZSE shares waded back into the negative territory on Friday as 12 counters that managed gains failed to cancel out losses in just 6 counters across the board.

ZSE indices were not yet available by 3:30pm as a result of a power cut but Zfn estimates at the end of call over had the Industrials Index down 026% to 181.92 while the Minings Index was down 324% to 76.69.

Market volumes remained reasonable with turnover closing at $2,102 million on 4.840 million shares buoyed by a special bargain of 1.995 million Lafarge shares pushed through by Imara at 70c.

Volumes for the week dosed at approximately 52.56 million shares worth $10.30 million compared with 39.61 million shares worth $17.10 million that passed through the market the whole of last week.

Econet was little changed after losing 0.01c at 650c while Aico Africa dropped a further 1 c to 8c as the agro-industrial group renewed its cautionary saying the group is contemplating a series of transactions




Colcom eased a modest 0.01c to 26.3c while Innscor closed buyers and sellers only at 85c and 90c respectively. Delta was also stable at 122.5c.

Retail counters were mixed with Edgars closing 0.10c off at 11c while Truworths advanced 0.05c to 3.56c. OK Zimbabwe remained stable at 18.5a

RioZim lost a significant 10c to 40c after media reports that President Mugabe will today intervene in the Renco Mine saga today to put finality to the on-going ownership wrangle that has sucked Tourism minister Walter Mzembi.

Counters trading at new highs were BAT, which advanced 0.10c to 505.1c and Old Mutual up 0.87c to 186.99c. TSL added another 0.07c to 15.1c.

PPC was 5c firmer at 245c in the wake of reports the group is planning to build a $200 million cement plant in Harare that will cater for Zimbabwe and the central Mozambican market.

The Datvest All Share Index eased 0.08% to 121.81 while the FBC ZSE-10 Index was a modest 0.01% firmer following gains in BAT and Old Mutual.


ZSE Industrials

Source: zfn

Should Miss World Zimbabwe have been dethroned?

Yes
30.68%
No
64.93%
Not sure
4.38%
365

Comments

News Updates

Email:

Latest News

MDC Renewal Team to change name to People's Democratic Party

by Stephen Jakes | 05 August 2015 | 2650 Views

Old Tafara residents without water since 1996

by Stephen Jakes | 05 August 2015 | 1079 Views

Zim to host Fourth Southern Africa Journalists Association congress

by Stephen Jakes | 05 August 2015 | 518 Views

Deteriorating economy an arena of contestation - Ruhanya

by Stephen Jakes | 05 August 2015 | 1238 Views

Zanu PF UK chapter warns party's Godfathers and Mothers

by Stephen Jakes | 05 August 2015 | 1982 Views

Harare Residents saddened by urban tollgates

by Stephen Jakes | 05 August 2015 | 1604 Views

Water blues almost over at Masasa - HRT

by Stephen Jakes | 05 August 2015 | 826 Views

Downtime for maintenance

by Liberty Mbanje | 05 August 2015 | 1737 Views

Tsholotsho on the verge of Supersport 'Mega' deal

by Sikhumbuzo Moyo | 05 August 2015 | 1961 Views

Rapist boasts of donkey-sized manhood

by Staff reporter | 05 August 2015 | 2661 Views

18,000 fired so far

by Staff reporter | 05 August 2015 | 1368 Views

Passengers left stranded as Air Zimbabwe runs out of fuel

by Staff reporter | 05 August 2015 | 1971 Views

Herald blames MDC-T for changing Harare to a bad city since 2000

by Stephen Jakes | 05 August 2015 | 993 Views

Man's maintenance arrears hit $73 000

by Staff reporter | 05 August 2015 | 1339 Views

Mutasa embroiled in a nasty fight

by Staff reporter | 05 August 2015 | 1784 Views

Strange creature attacks villagers

by Staff Reporter | 05 August 2015 | 2999 Views

'Mugabe ministers supported Mujuru'

by Staff reporter | 05 August 2015 | 2690 Views

Zanu-PF politburo out to douse flames

by Staff reporter | 05 August 2015 | 1242 Views

'I can't stand but Mugabe trusts me,' says Mahofa

by Staff reporter | 05 August 2015 | 1925 Views

Mugabe's Zanu-PF dreads losing 2018 polls

by Staff reporter | 05 August 2015 | 1438 Views

MDC-T tells Chihuri to join Zanu-PF

by Staff reporter | 05 August 2015 | 1319 Views

Zanu-PF lines up 3 crunch meetings

by Staff reporter | 05 August 2015 | 888 Views

TM launches promotion

by Staff reporter | 05 August 2015 | 1070 Views

Mugabe passes RBZ Debt Assumption Bill

by Staff reporter | 05 August 2015 | 509 Views

Kasukuwere fires councilors

by Staff reporter | 05 August 2015 | 1274 Views

ZCTU rapped for double standards

by Staff reporter | 05 August 2015 | 498 Views

Chiyangwa land deal raises more questions

by Staff reporter | 05 August 2015 | 938 Views

Second hand clothes, shoes ban backfires

by Staff reporter | 05 August 2015 | 2149 Views

13 eye Epworth seat

by Staff reporter | 05 August 2015 | 500 Views

Entertainment

Rebecca Malope has been married for long but no one knows

by Staff Reporter | 04 August 2015 | 6881 Views

Singer Daniel Jenkins says no to date rape

by Zororo Makamba | 04 August 2015 | 1762 Views

Rapper's wife caught cheating

by Staff reporter | 03 August 2015 | 8086 Views

Thokozani Langa consoles Mtshengiseni Gcwensa's familly

by Staff Reporter | 01 August 2015 | 3764 Views

Stand-up comedy on the rise in Bulawayo

by Staff reporter | 01 August 2015 | 2731 Views

Heavy K expected in Bulawayo

by Staff reporter | 01 August 2015 | 2458 Views

Gwanda gospel music extravaganza confirmed

by Staff correspondent in Pretoria South Africa | 29 July 2015 | 4053 Views

Zim music industry dead - Prof Moyo

by Staff Reporter | 29 July 2015 | 5496 Views
iBlog

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

Mobile Spy Software Maker Mspy Hacked

mspy, the makers of a software-as-a-service product that claims to help more than two million people spy on the mobile devices of their kids and partners, to have been massively hacked. a public relations pitch from mspy to krebsonsecurity in march ... Read More
SecNews 17 May 2015 ago