Breaking News

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

by Business reporter
25 February 2013 | 2711 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

Do you agree that foreskins of circumcised men could be used for witchcraft?

Yes
51.89%
No
15.14%
Hogwash
32.97%
185

Comments

News Updates

Email:

Latest News

'Masimirembwa is the best there has ever been,' Obert Mpofu - Minister...

by Staff Reporter | 23 July 2014 | 666 Views

Zimbabwe should make Community Share Ownership Trusts compulsory - Go...

by Peacemaker Zano | 23 July 2014 | 303 Views

Towards mending the economy - In as much as resuscitating the economy ...

by Onward Chiswa | 23 July 2014 | 435 Views

Returning diasporans will pressure Zim to take good governance serious...

by Nomusa Garikai | 23 July 2014 | 1265 Views

Safeguard: Upgraded Video Alarm discharges pepper spray - Safeguard ha...

by Staff Reporter | 23 July 2014 | 333 Views

Man admits to raping a goat - Thabang Mosiu, a Lesotho national, was s...

by Staff reporter | 23 July 2014 | 672 Views

ZIMRA Executing its National Mandate - Zimbabwe Revenue Authority (ZIM...

by Suitable Kajau | 23 July 2014 | 280 Views

Human rights violations continue in Zimbabwe - The Zimbabwe Peace Proj...

by Mthulisi Mathuthu | 23 July 2014 | 414 Views

Zanu-PF murderers jailed - Four Zanu-PF youths were on Tuesday each se...

by Nomalanga Moyo | 23 July 2014 | 668 Views

Obert Mpofu fails to testify in the $2 billion fraud case - Former Mi...

by Staff reporter | 23 July 2014 | 741 Views

KFC sparks frenzy in Zimbabwe - The newly opened KFC outlet has sparke...

by Staff reporter | 23 July 2014 | 3023 Views

Chinese national arrested in Zimbabwe - A Chinese national Wongai Huo ...

by Staff reporter | 23 July 2014 | 1705 Views

Zhaimu Jambo forced to retire - Zimbabwean international and Kaizer Ch...

by Staff reporter | 23 July 2014 | 1552 Views

Friends of Palestine march to Zimbabwe parliament - Friends of Palest...

by Staff reporter | 23 July 2014 | 1008 Views

Is the Zimdollar on its way back? - There are renewed fears that the g...

by Staff reporter | 23 July 2014 | 2695 Views

'Zimbabwe education system outdated' - Josia Hungwe, the minister of S...

by Staff reporter | 23 July 2014 | 1337 Views

Parliament: Live update

by Moyo Roy | 23 July 2014 | 1376 Views

ZRP Traffic officers in near fist fight with mourners

by Staff Reporter | 23 July 2014 | 3933 Views

'South Africa should allow Zimbabwe IDs as passports' - REGISTRAR-Gene...

by Staff reporter | 23 July 2014 | 3143 Views

'CIO' agent dupes Roman Catholic priest - A HARARE man who masqueraded...

by Staff reporter | 23 July 2014 | 1506 Views

Moses Chinga is a bitter man - MOSES Chunga is a bitter man.He says he...

by Staff reporter | 23 July 2014 | 1588 Views

Rape claim a hoax, 30 secondary scholars in sex orgy - A RAPE claim ...

by Staff Reporter | 23 July 2014 | 2713 Views

Man axes wife to death over prostitute - A CHIVI woman was axed to dea...

by Staff reporter | 23 July 2014 | 3294 Views

Female nurse dies of suspected drug abuse - A female nurse at Inyathi ...

by Staff reporter | 23 July 2014 | 3630 Views

Highlanders to turn to Mugabe - HIGHLANDERS chief executive officer Nd...

by Staff Reporter | 23 July 2014 | 4649 Views

Entertainment

Macheso gears up for UK tours - In an apparent joint preparation for t...

by Entertainment reporters | 23 July 2014 | 836 Views

DJ Munya is back - After a two-year hiatus, DJ Munya - real name Munya...

by Entertainment Reporter | 23 July 2014 | 1220 Views

White guy plays chitekete - https://www.youtube.com/watch?v=kp16XF-Tcf...

by Staff Reporter | 23 July 2014 | 2237 Views

Beyonce and Jay Z to separate - claims - Jay Z and Beyonce are reporte...

by Staff reporter | 22 July 2014 | 2938 Views

No talent is meant for the grave, Dr Nkomo Commemoration - The prepara...

by Nokutula Ncube | 22 July 2014 | 910 Views

Miss Curvy dinner flops

by Yeukai Karengezeka | 21 July 2014 | 4641 Views

'He's going to be in trouble once I die' says DJ Cleo's father - 64-ye...

by Staff reporter | 20 July 2014 | 5319 Views

Tsholotsho King reigns supreme

by Vusumuzi Ndlovu | 19 July 2014 | 4237 Views