ZSE sprints past 500-point mark

HARARE, October 15 (The Source) – Local investors reacted to a Cabinet reshuffle in the week by piling onto the stock market, leading to the mainstream index hitting another record setting level of 505,32 on Friday.As President Robert Mugabe has shown time and again, he… Read More

ZSE market cap breaches $14bln

HARARE, October 12 (The Source) – The Zimbabwe Stock Exchange market capitalisation on Thursday reached $14,01 billion with market turnover amounting to $30,4 million, the highest daily turnover since 2014.

Heavyweights buoy ZSE

HARARE, October 4 (The Source) – The Zimbabwe Stock Exchange on Wednesday advanced 1,27 percent to 432,96 points while the mining index gained 0,82 percent to 140,71 points on heavyweights. Market capitalisation reached $12,2 billion while market turnover amounted to $3,6 million. Delta gained 0,22… Read More

Brainworks granted listing on JSE

HARARE, October 2  (The Source) –  Zimbabwe investment group, Brainworks Capital on Monday said it has been granted a listing of all its issued shares on the  Johannesburg Stock Exchange (JSE), a move which it said will enable the company to raise capital to reduce… Read More

Appetite for stocks drives ZSE up

HARARE, September 27 (The Source) – The Zimbabwe Stock Exchange mainstream index on Wednesday advanced 3,68 percent to 404,37 points with gains across the board as appetite for stocks remained high. However, the mining index eased 0,37 percent to settle at 108,48 points. Market capitalisation… Read More

Delta, Econet lead ZSE surge

HARARE, September 26 (The Source) – The Zimbabwe Stock Exchange’s main industrial gained 2,25 percent on Tuesday to 390,01 points, buoyed by gains in heavyweights, Delta, Econet and Innscor. The mining index also gained 1,7 percent to close at 108,88 points. Market capitalisation stood at… Read More