Breaking News

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

by Business reporter
25 February 2013 | 2780 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

Is Tsvangirai's BIG TENT leaking?

Yes
27.24%
No
32.09%
Not bothered
40.67%
268

Comments

News Updates

Email:

Latest News

Residents give Mugabe a 7 day ultimatum

by Staff Reporter | 02 October 2014 | 15 Views

BCC, Zinwa headed for a clash

by Staff Reporter | 02 October 2014 | 77 Views

ConCourt clears Justice Hungwe, orders sentencing of murderer

by Staff Reporter | 02 October 2014 | 200 Views

Obama told to shut up

by Bloomberg | 02 October 2014 | 233 Views

Zanu-PF in bid to find Gono Senate solution - THE Zanu PF politburo on...

by Staff Reporter | 02 October 2014 | 249 Views

Decentralize Intwasa ARTS Festival - WhatsApp update - Please note tha...

by Concerned Citizen | 02 October 2014 | 212 Views

Personal care industry faces collapse - The personal care industry fac...

by Staff Reporter | 02 October 2014 | 432 Views

Closed down companies in Bulawayo will not be revived, says Minister -...

by Staff Reporter | 02 October 2014 | 857 Views

Mugabe critical of the state media - PRESIDENT Robert Mugabe has threa...

by Staff Reporter | 02 October 2014 | 781 Views

Court rejects killer's freedom bid - A Harare court yesterday rejected...

by Court reporter | 02 October 2014 | 644 Views

Facelift for Zim diamonds - DIAMOND dealers have expressed satisfactio...

by Staff reporter | 02 October 2014 | 475 Views

Former ZBC boss case held - SUSPENDED Zimbabwe Broadcasting Holdings c...

by Crime reporter | 02 October 2014 | 709 Views

Grace Mugabe's properties in Byo raided - Police in Bulawayo have laun...

by Crime reporter | 02 October 2014 | 1802 Views

Grace Mugabe, Bring Back Our PhD Now!

by Charles Njaivhana | 02 October 2014 | 1322 Views

Kushayo Zororo Documentary

by Staff Reporter | 02 October 2014 | 345 Views

Mugabe's biggest headache - …calls to end factionalism within Zanu P...

by Staff reporter | 02 October 2014 | 1122 Views

Governments abandon HIV over Ebola - A HEALTH expert has raised concer...

by Staff reporter | 02 October 2014 | 436 Views

Bosso loses $4000 -  AS Bosso woes mount, the Bulawayo giants hav...

by Staff reporter | 02 October 2014 | 947 Views

MDC-T congress preps divide party - A VICTORIA Falls man is battling f...

by Staff reporter | 02 October 2014 | 741 Views

Chiefs demand salaries from government - TRADITIONAL leaders have dema...

by Staff reporter | 02 October 2014 | 634 Views

Cops set dogs on innocent civilians - A VICTORIA Falls man is battling...

by Staff reporter | 02 October 2014 | 733 Views

Treat us like judges: chiefs - TRADITIONAL leaders have demanded that ...

by Staff reporter | 02 October 2014 | 501 Views

TB Joshua supporters warn critics - On Sunday September 28, 2014 TB Jo...

by Ishmael Awere | 01 October 2014 | 2293 Views

Mudenda sheds crocodile tears over Gukurahundi but will not resign ove...

by Wilbert Mukori | 01 October 2014 | 2938 Views

UZ student found dead in swimming pool at the campus - A 21-year-old U...

by Staff reporter | 01 October 2014 | 3919 Views

Prof Jonathan Moyo sues Temba Mliswa - The Minister of Information, Me...

by Staff reporter | 01 October 2014 | 3662 Views

Residents fetch water from Mukuvisi river

by Staff Reporter | 01 October 2014 | 1280 Views

Faith healers castigated for misleading people living with HIV - Peopl...

by Staff Reporter | 01 October 2014 | 1394 Views

Body in a government car cause scare in Gwanda - A body of a deceased...

by Bhebhe Mandla | 01 October 2014 | 4894 Views

Minister Moyo went to Cuba begging for cash and got Bay of Pigs social...

by Wilbert Mukori | 01 October 2014 | 3696 Views

Entertainment

Zimbabwe International Gospel Musicians Association (ZIGMA)

by Staff Reporter | 02 October 2014 | 283 Views

Pokello urges Zimbos to support local BBA reps

by Staff Reporter | 01 October 2014 | 1746 Views

Izithunywa Zezulu Gospel Group - Yizwa Imithandazo Yethu - Sekwenzakel...

by Staff Reporter | 30 September 2014 | 741 Views

Tuku releases lyrics for new album ahead of launch

by Entertainment Reporter | 30 September 2014 | 1607 Views

Mtukudzi to release new album - Music superstar Oliver "Tuku" Mtukudzi...

by Staff reporter | 29 September 2014 | 1524 Views

Parliament TV Channel in pipeline - PARLIAMENTARY debates might soon ...

by Staff reporter | 28 September 2014 | 1275 Views

Omkhula, the funniest guys I have ever seen - NOW that the Intwasa Ar...

by Christopher Mlalazi | 28 September 2014 | 2913 Views

Albert Nyathi collaborates with Shabalala Rhythm's Maqhinga Radebe - R...

by Bekezela Tshuma | 28 September 2014 | 1053 Views
iBlog

Advanced Systemcare Free To Optimize The Os Still Support Xp

the update systemcare free 7.3.0.456 (a set of tools to optimize the operating system) – now available.advanced systemcare is a free package to optimize, tweak, fix bugs and improve the overall performance of the operating system.the program anal... Read More
ITnews 02 June 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