Delta loss snaps ZSE run

HARARE, October 18 (The Source) – A drop in Delta’s share price on Friday snapped the industrial index’s recent upward momentum, with analysts warning that the high prices on the market were unsustainable in the long term. Delta, the largest counter on the Zimbabwe Stock… Read More

ZSE market cap nears $6 billion mark

HARARE, October 17 (The Source) – Market capitalisation for the Zimbabwe Stock Exchange moved closer to $6 billion as gains in mid-tier counters pushed the industrial index 0.68 points higher to 214.90 points. The local unit of South Africa’s PPC gained two cents to 247… Read More

Gains in Seedco push ZSE higher

HARARE, October 15 (The Source) – The main industrial index went up a further 0.14 points to 213.69 points as the equities market maintained a bullish trend driven by the huge gain in Seedco. The agricultural concern traded 7.90 cents higher to 98 cents, its… Read More

Foreign interest driving ZSE

HARARE, October 11 (The Source) – Foreign investor interest is pushing up share prices on the Zimbabwe Stock Exchange, with most attention being targeted at selected blue chip counters, an analyst has said. The stock market has had a roller coaster year, breaching the 200… Read More

Delta gains push market higher

HARARE, October 10 (The Source) – Huge gains in heavyweight Delta drove the industrials index up 1.20 points on Thursday to close at 211.44 points. The beverage maker, the largest counter on ZSE with a third of its market capitalisation, saw its share price shoot… Read More

ZSE flat in mixed trades

HARARE, October 9 (The Source) – The stock market was flat in mixed trades on Wednesday, with the industrial index creeping up marginally up by 0.01 points to close at 210.24 points. Delta recorded the tiniest of gains of 0.01 cents to 136.01 cents in… Read More

Foreign interest spurs ZSE run

HARARE, October 8 (The Source) – The stock market’s bull run continued on Tuesday, even though analysts warned that foreign interest was masking the fact that there was no local money in play. The industrial index picked up 0.40 points to close at 210.23 points… Read More

Market closes week with huge gain

HARARE, October 4 (The Source) – The industrial index on Friday maintained its bullish trend after gaining a further 2.91 points to  close the week at 208.35 points  spurred by gains in BAT, PPC, Colcom and Delta. Cigarette-maker, BAT which has been ranked among the… Read More