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
HARARE, December 4 (The Source) – The Zimbabwe Stock Exchange’s main industrial index dropped 27,82 percent in November to 376,69 points following a politically induced self correction phase, but doubts over the new Cabinet’s ability to deliver has seen a bouncing back of sorts in… Read More
HARARE, November 28 (The Source) – The Zimbabwe Stock Exchange added 5,47 percent to settle at 351,94 points on Tuesday as investors wait to see the economic direction the new government will take.
HARARE, November 27 (The Source) – The Zimbabwe Stock Exchange industrial index opened the week higher, advancing 4,72 percent to close 333,68 points on gains by some heavyweights as investors start to take advantage of a recent price fall which was driven by political uncertainty.
HARARE, November 27 (The Source) – Zimbabwe equities dropped $6 billion in 8 days as the market engaged in a drastic self-correction following a change of guard in the country’s political leadership which saw Emmerson Mnangagwa installed as president on Friday.
HARARE, November 23 (The Source) – The Old Mutual shares, which are trading at a premium in Zimbabwe relative to their primary listing on London Stock Exchange, lost 19,9 percent on Thursday to close at 475 cents. Since Wednesday last week, the Old Mutual share… Read More
HARARE, November 22 (The Source) – The Zimbabwe Stock Exchange’s self-correction continued on Wednesday, with the main industrial index shedding 5,07 percent to 329,63 points. However, the mining index remained flat at 129,82 points.
HARARE, November 19 (The Source) – Zimbabwe’s stock market this week took its biggest dive since October last year, losing $2,7 billion in the week as investors reacted to the possibility of a transitional government which could stabilise the struggling economy.
HARARE, November 16 (The Source) – The Zimbabwe Stock Exchange mainstream index crashed on Thursday, dropping 7,46 percent to 487,93 points while the market saw its market value falling by $1 billion as political tensions remain high after a military takeover of the country.
HARARE, November 15 (The Source) – The Zimbabwe Stock Exchange’s main industrial index plunged 1,24 percent to close at 527,27 points on Wednesday as companies responded cautiously to worsening political climate in the country.
HARARE, November 13 (The Source) – The Zimbabwe Stock Exchange industrial opened the week higher, advancing 0,12 percent to settle at 532,17 points while the mining index remained flat at 138,12 points.
HARARE, November 9 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,59 percent to 533,2 points on Thursday while the mining index advanced 1,89 percent to 137,94 points powered by RioZim.
HARARE, November 8 (The Source) – With the country in the midst of a political drama that saw Emmerson Mnangagwa axed as vice president on Monday and adding to the political uncertainty, the stock market stretched gains to a new high on Wednesday.
HARARE, November 7 (The Source) – The Zimbabwe Stock Exchange (ZSE) market capitalisation hit $15 billion mark on Tuesday for the first time ever, as stocks continue to rally on the local bourse.
HARARE, November 5 (The Source) – The Zimbabwe Stock Exchange (ZSE) industrial index gained 2.2 percent to 525,63 points after a recovery in some heavyweight counters.The mining index also gained 2,37 percent to close at 140,5 points. Market capitalisation increased by 2,25 percent in the… Read More