Bindura gains drive mining index higher

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.

ZSE sheds 10pct as market stabilises

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

Alternative market Finsec comes alive

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

ZSE edges higher on renewed confidence

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

Gains in heavyweights push ZSE higher

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