Breaking News

ZSE Market Report:- Innscor drags Industrials lower at week's opening

by Business reporter
25 February 2013 | 2458 Views
Innscor's consecutive loss of another 4.99c to 90c further weakened the Industrials at week's opening albeit gains being recorded in Econet and BAT.




The Industrials Index lost 0.79 points or 0.42% to 185.81 with only 2 counters trading lower against 7 on the upside out of 21 counters that traded. Minings remained stable at 80.46.

Volumes plummeted with the total value traded ending at $484 265 on a volume of 1.138 million shares compared with $2,918 million on a volume of 5.212 million shares that traded on Friday.

Innscor was 4.99c weaker at 90c after losing another 5.01c on Friday taking its market cap to $486.1 million from $513.1 million on Friday. Padenga was the second counter to trade lower after losing 0.15c to 4.8c.

BAT and Econet continued with their upward trend rising 50c and 1.60c each to their all-time highs of 625c and 676.6c respectively. Econet had sellers stuck at 720c ahead of its EGM to approve a 10 for 1 share split on Thursday.

CBZ added another 0.48c to 12.01c ahead of its December finals and analysts briefing tomorrow.

Clothing retailers Edgars and Truworths advanced 0.10c and 0.06c each to 11.6c and 3.66c respectively while TA Holdings was 0.51c firmer at 10c.

Zimplow recovered 0.50c or 20% to 3c after falling by over 50% on Friday in the wake of its profit warning statement saying financials for the period to December 31 2012 will be below those achieved in tie corresponding period.

The Datvest All Share Index eased 0.13% to 124.62 while the FBC ZSE-10 Index was 0.33% lower at 130.73.


Innscor Industrials ZSE

Source: zfn

Comments

Latest News

A'Level: Daily Divinity presentation by Witness Dingani - •Today the...

by Witness Dingani | 31 May 2016 | 21 Views

Mnangangwa primed to take over

by Staff reporter | 31 May 2016 | 612 Views

Mugabe's ally taken ill, been in intensive ICU for the past 3 weeks - ...

by Staff reporter | 31 May 2016 | 717 Views

Biti's PDP abandons smaller parties coalition - The opposition People'...

by Staff reporter | 31 May 2016 | 280 Views

Aspiring MP flees home citing intimidation - Renewal Democrats for Zim...

by Staff reporter | 31 May 2016 | 272 Views

Mugabe dragged into Negomo chieftainship wrangle - President Robert Mu...

by Staff reporter | 31 May 2016 | 265 Views

Mugabe cuts lone figure at ACP - President Robert Mugabe is the only H...

by Staff reporter | 31 May 2016 | 308 Views

Political leaders should quit at 70, says Makova - Zimbabwe people fir...

by Staff reporter | 31 May 2016 | 204 Views

Zanu-PF, MDC-T hold rallies same time, venue - In a rare feat, Zanu-PF...

by Staff reporter | 31 May 2016 | 299 Views

Kangai appeals to Mugabe - Suspended Net one chief executive  Rew...

by Staff reporter | 31 May 2016 | 294 Views

Drowned priests buried - DOZENS of mourners gathered to pay their last...

by Staff Reporter | 31 May 2016 | 926 Views

Golfers condemn state of Masvingo Golf Club

by Staff Reporter | 31 May 2016 | 259 Views

Zanu PF youth ask Indigenisation Minister to create youth index

by Stephen Jakes | 31 May 2016 | 351 Views

Ghost haunts school! - THE YOUNG pupil said she was leading the prayer...

by Staff Reporter | 31 May 2016 | 706 Views

Police torment motorists over biscuit spare wheels

by Stephen Jakes | 31 May 2016 | 1081 Views

Harare Residents Trust probed council over suspension of nurses

by Stephen Jakes | 31 May 2016 | 286 Views

Six in court for possession of dagga

by Staff Reporter | 31 May 2016 | 253 Views

Man lies in court, his love affair with tenant exposed in court

by Staff Reporter | 31 May 2016 | 657 Views

Man in court for cement fraud worth $12 000

by Staff Reporter | 31 May 2016 | 288 Views

Moses Chunga takes over Harare City - HARARE City chairman Alois Masep...

by Eddie Chikamhi | 31 May 2016 | 549 Views

Mliswa seek permission to access children

by Staff Reporter | 31 May 2016 | 414 Views

Police in Lower Gweru accused of swindling villagers

by Stephen Jakes | 31 May 2016 | 429 Views

Rushwaya accumulates $71,000 maintenance arrears - KADOMA businessman ...

by Walter Nyamukondiwa | 31 May 2016 | 431 Views

Rebecca Malope forgets lyrics on stage - South Africa's gospel music i...

by Bongani Ndlovu | 31 May 2016 | 883 Views

Bulawayo hosts inaugural carnival - A few months after the Vic Falls a...

by Staff reporter | 31 May 2016 | 311 Views

Entertainment

Delta hosts fun run, comedians in Masvingo - Standup comedians Clive C...

by Staff Reporter | 30 May 2016 | 788 Views

Hosiah Chipanga fights in Tuku's corner - Outspoken and talented sungu...

by Staff reporter | 29 May 2016 | 2660 Views

Mtukudzi loses his lustre - The country's harsh economic situation has...

by Staff reporter | 29 May 2016 | 2999 Views

Zim kwaito stars make waves in UK - "We have never been good at follow...

by Showbiz Reporter | 28 May 2016 | 1838 Views
iBlog

Ios 9 Features Inspired By Android

apple announced ios 9 on monday, and while watching the keynote, i had just a little bit of déjà vu. most of ios 9's new features seem to be squarely aimed at apple's biggest rival in mobile: android. specifically, they were about catching up to ... Read More
Sergey 13 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