Gains in blue chips drive ZSE

HARARE, June 16 (The Source) – The Zimbabwe Stock Exchange’s main industrials index advanced 6,91 percent to close the week on 190,07 points, pushed by gains in heavyweight counters. The mining index remained unchanged this week at 69.63 points. Market capitalisation increased by 6,47 percent… Read More

ZSE market capitalisation hits $5bln

HARARE, June 6 (The Source) – The Zimbabwe Stock Exchange’s market capitalisation reached $5 billion on Tuesday after the industrial index rallied by  0,65 percent to close at 171,48 points, its highest since September 30, 2014. Historically, the local bourse reached a peak market capitalisation… Read More

Zim govt issues $600mln TBs to pay ZESA debts

HARARE,  June 5  (The Source) – Zimbabwe’s Treasury has issued about $600 million worth of Treasury Bills to settle debts owed by parastatals and local authorities to the country’s power utility,  a senior government official has said.   In January, the Zimbabwe Electricity Supply Authority… Read More

Gains in big cap stocks push ZSE higher

HARARE, June 2  (The Source) – The ZSE industrial index this week advanced 4,79 percent to 167,98  points, pushed by gains in heavyweight counters. The mining index also gained 0,61 percent to close the week at 69.63 points. Market capitalisation increased by 4,68 percent to $4,9… Read More

ZSE hits new high in May

HARARE, June 1 (The Source) – The Zimbabwe Stock Exchange  industrial index advanced 13,37 percent to 162,34  points, its highest for over two years while the resources index also broke new ground. The mining index also gained 4,98 percent to close at 69,63 points, its… Read More