Breaking News

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

by Business reporter
25 February 2013 | 2443 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

Zimbabwe parliament building risked explosion - Speaker Mudenda - Parl...

by Thobekile Zhou | 04 May 2016 | 204 Views

West Hands Off Zimbabwe's Internal Affairs - Diplomat William M. Bella...

by Sparkleford Masiyambiri | 04 May 2016 | 163 Views

ZimPF has nothing to offer to Zimbabweans - Little known Zimbabwe Peop...

by Peacemaker Zano | 04 May 2016 | 170 Views

ZANU PF has not failed workers - It is a fascinating paradox to say th...

by Stewart Murewa | 04 May 2016 | 167 Views

Govt struggle to kick-start school feeding project - The much talked a...

by Thobekile Zhou | 04 May 2016 | 141 Views

'Hostile lynch mob' Bulawayo Mayor's blood

by Thobekile Zhou | 04 May 2016 | 272 Views

BCC officials embark on investment and twinning trip to China - Five t...

by Thobekile Zhou | 04 May 2016 | 179 Views

BCC deny War Vets ministry land - Bulawayo City Council has declined t...

by Thobekile Zhou | 04 May 2016 | 235 Views

Zimbabwe enforces usage of South African Rand - The Reserve Bank of Zi...

by Staff reporter | 04 May 2016 | 1704 Views

'Mnangagwa is unelectable' - The boycott by workers of the government-...

by Staff reporter | 04 May 2016 | 831 Views

MDC-T sends confusing signals, upholds poll boycott stance - Morgan Ts...

by Staff reporter | 04 May 2016 | 416 Views

Demo against national pledge banned - Police here banned the first ant...

by Staff reporter | 04 May 2016 | 554 Views

Mnangagwa's wife lands top Pan African Parly post - Chirumhanzu-Zibagw...

by Staff reporter | 04 May 2016 | 621 Views

Rueben Barwe's wife dies - The Zimbabwe Broadcasting Corporation has p...

by Staff reporter | 04 May 2016 | 1856 Views

Mugabe's ex-teacher dies

by Staff reporter | 04 May 2016 | 1194 Views

RBZ sets withdrawal limits - The Reserve Bank of Zimbabwe has introduc...

by Staff reporter | 04 May 2016 | 1339 Views

Harare councillor dies

by Staff Reporter | 04 May 2016 | 2858 Views

True Christians created to rule

by Khumbulani Maphosa | 04 May 2016 | 1221 Views

Female cop begs colleague to wear condom before being raped - A female...

by Staff rerporter | 04 May 2016 | 9892 Views

Mphoko, Mnangagwa fight over Joshua Nkomo

by Staff reporter | 04 May 2016 | 6054 Views

Watercolor artist to showcase artwork at Zim Achievers

by Tidi Kwidini | 04 May 2016 | 1078 Views

Bosso top striker dragged into match-fixing scandal - HIGHLANDERS top ...

by Sports writer | 04 May 2016 | 3541 Views

Addressing people's anger is the answer, not muzzling the media - As t...

by Tendai Ruben Mbofana | 04 May 2016 | 1177 Views

Obscure multi-currency usage blamed for cash shortages -RBZ - The Rese...

by Staff reporter | 04 May 2016 | 2061 Views

Queen Elizabeth's mother visited disputed top Mugabe's aide farm - COL...

by Itai Mushekwe | 04 May 2016 | 3590 Views

MP Cross calls for alignment of 400 Acts to new constitution - to what...

by Wilbert Mukori | 04 May 2016 | 882 Views

First Sci-fi novel in Shona relaunched - Muna Hacha Maive Nei? The fir...

by Belontos Books | 04 May 2016 | 708 Views

The Truth: Christians created to rule - For years now I have been aski...

by Khumbulani Maphosa | 04 May 2016 | 1043 Views

Entertainment

Charambas to unleash new gospel videos - Gospel music star Charles Cha...

by Staff reporter | 04 May 2016 | 340 Views

Tupac's mother, Afeni Shakur Davis, dies at 69

by Staff Reporter | 04 May 2016 | 2077 Views

'Ekhweni lami' a classic value for money project

by Vusmann | 03 May 2016 | 1299 Views

Macheso relishes SA tour - "We have performed in South Africa before, ...

by Tawanda Marwizi | 03 May 2016 | 1416 Views

Maita crowned Miss Africa Zimbabwe - Harare beauty, Maita Kainga was c...

by Bongani Ndlovu | 02 May 2016 | 2030 Views

1ns and 2s with DJ-Sticha - Know your song Mondays

by DJ-Sticha | 02 May 2016 | 1803 Views
iBlog

Tb Joshua Worst Enemy Angelique Tonge Exposed

About two years ago, we came out emphatically about those behind the t.b joshua watch. many were those who thought we were framing innocent people up or on a witch hunt. some events have vindicated us and the cat is out of the bag. it is said that no... Read More
pointblank 01 May 2015 ago

Five Reliable Outlook Pst File Repair Tools

Outlook pst files can become corrupted -- and when that happens, work grinds to a halt. if your organization relies on outlook, one of these tools could save the day. outlook is the industry standard groupware tool. let's take a look at five that can... Read More
ITnews 04 May 2015 ago