HARARE, December 12 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,65 percent to settle at 335,82 points driven by some heavyweight counters while the mining index added 2,59 percent to 140,32 points on Tuesday.
HARARE, December 11 (The Source) – Gains in nickel miner Bindura lifted the mining index by three percent on Monday to close at 136,78 points while the main industrial index opened weaker on growing confidence on the country’s economic direction.
HARARE, December 10 (The Source) – The Zimbabwe Stock Exchange mainstream index shed 10,16 percent to close the week on 335,97 points, on losses in selected heavyweight counters as punters see positives in the country’s economic direction. The mining index however gained 4,67 percent to… Read More
HARARE, December 6 (The Source) – The Zimbabwe Stock Exchange (ZSE) mainstream index eased 1,14 percent to close at 342,2 points on Wednesday ahead of the national budget.
HARARE, December 6 (The Source) – First Mutual Holdings (FML) is set to acquire Zimbabwe’s largest short term insurer, NicozDiamond, after getting regulatory approval, the company said on Wednesday. State-controlled pensions manager National Social Security Authority (NSSA) has transferred to FML its holdings of 300,263,184… Read More
HARARE, December 4 (The Source) – The Zimbabwe Stock Exchange mainstream index eased 2,15 percent to close at 365,93 points on Monday as after profit-taking dominated trades in four heavyweight counters.
HARARE, December 4 (The Source) – Zimbabwe’s alternative trading platform, Financial Securities Exchange (Finsec) recorded a total turnover of $1,2 million in November, the highest since its inception, as investors seeking diversification embrace the platform. On Wednesday, Infrastructure Development Bank of Zimbabwe (IDBZ) became the… Read More
HARARE, November 30 (The Source) – The Zimbabwe Stock Exchange advanced 1,51 percent on Thursday to close at 376,69 points while the mining index added 0,12 percent to settle at 126,86 points. The country’s new President Emmerson Mnangagwa has promised to revive the country’s ailing… Read More
HARARE, November 29 (The Source) – Digital currency bitcoin broke new ground on Wednesday, breaching the $11,000 mark on the global market a few hours after zooming past $10,000, more than double its price at the beginning of October ahead of the possible launch of… Read More
HARARE, November 29 (The Source) – The Zimbabwe Stock Exchange mainstream index added 5,44 percent to close at 371,09 points on Wednesday, attributable to gains by some heavyweights. The mining index added 0,06 percent to settle at 126,71 points. Market capitalisation stood at $10,6 billion… Read More
HARARE, November 23 (The Source) – The Old Mutual shares, which are trading at a premium in Zimbabwe relative to their primary listing on London Stock Exchange, lost 19,9 percent on Thursday to close at 475 cents. Since Wednesday last week, the Old Mutual share… Read More
HARARE, November 22 (The Source) – The Zimbabwe Stock Exchange’s self-correction continued on Wednesday, with the main industrial index shedding 5,07 percent to 329,63 points. However, the mining index remained flat at 129,82 points.
HARARE, November 21 (The Source) – The Zimbabwe Stock Exchange (ZSE) market capitalisation lost more than $5 billion in 5 days, as equity prices took a nosedive owing to the political uncertainty in the country.
HARARE, November 20 (The Source) – The ZSE industrial index plunged 10,48 percent on Monday to close at 387,38 points, resuming the sharp downward trend which started on Wednesday last week emanating from the ongoing political upheaval.
HARARE, November 15 (The Source) – The Zimbabwe Stock Exchange’s main industrial index plunged 1,24 percent to close at 527,27 points on Wednesday as companies responded cautiously to worsening political climate in the country.