Delta, OK Zim drag ZSE lower

HARARE, February 24 (The Source) – The equities market started the week on a slow note, with the benchmark index shedding 0.46 points to end at 190.25 points. Two of the heavyweights, Delta and OK traded in the negative as the only shakers for the… Read More

Tobacco sales double

HARARE, February 21 (The Source) – Sales for flue cured tobacco shot to $1.1 million on the second day of trading, almost double the $591 000 sales for last year although prices softened, the Tobacco Industry and Marketing Board (TIMB) said on Friday. About 517… Read More

ZSE seen weakening on poor financials

By Bernard Mpofu, Harare, February 21 (The Source) – The Zimbabwe Stock Exchange is seen weakening in the short-term as the reporting season begins, with investors expecting the economic slowdown of 2013 to be reflected in poor company financials. The market traditionally rallies ahead of… Read More

ZSE maintains recovery

HARARE, February 20 (The Source) – The equities mainstream index maintained its positive trajectory on Thursday, gaining 1.29 points after positive trades in selected heavyweight counters. Gains were recorded in telecoms giant Econet,  which added 1.60 cents to 63.60 cents while Old Mutual advanced 0.49 cents… Read More