Articles tagged 'equities'

ZSE extends CFI suspension 11 April 2018 HARARE - The Zimbabwe Stock Exchange has extended CFI Holdings (CFI) suspension from trading by an additional 30 days to conclude an investigation on the diversified conglomerate's alleged bad corporate governance. In January this year, CFI was suspended from trading its shares on the ZSE plat...
ZSE bull run to continue 13 October 2017 HARARE - The Zimbabwe Stock Exchange rebound is expected to continue throughout October after total volumes traded in September went up 127,81 percent to 264,09 million. In its report for the month of September, equities firm IH Securities (IH) said the relentless bull run was a direct result ...
ZSE introduces market data policy 3 October 2017 HARARE - The Zimbabwe Stock Exchange (ZSE) has announced that it will soon  issue the Market Data Policy which will govern the use, distribution and reporting for listed counters with effect from January 1 next year. Market Data enables investors and stock brokers to have public access to trad...
ZSE in the black as industrials recover 26 September 2017 HARARE - The local bourse ended the week in the black as industrials partially recovered after four successive sessions in the red. The mainstream index picked up by 0,46 percent to settle at 366,08 buoyed by gains in heavy caps. The resource index went up by 0,96 percent to close at 99,67. ...
ZSE in all-time high 5 September 2017 HARARE - The Zimbabwe Stock Exchange (ZSE) last Thursday reached its highest post United States Dollar adoption, after capping the month of August on the front foot as bulls continued to drive the indices higher. With the previous highest level set on August 1, 2013 — the day after Zimbabwe's ...
'Market to continue trending upwards' 19 July 2017 HARARE - The market is anticipated to trend upwards in the near future as institutional investors invest in the Zimbabwe Stock Exchange (ZSE), despite a lack of support from fundamentals, local analysts say. Equities firm, IH Securities (IH), said while the country faced prospects of firming i...
Investors dump ZSE, flee for safety of cash 13 December 2016 HARARE - Fund investors have been pulling out of the risky Zimbabwean stock market at an alarming pace over the last 10 months, against the background of cash and liquidity challenges, weak total demand for goods and services in the economy and reduced business confidence. Investors pulled $55...
ZSE is world's best-performing bourse 27 October 2016 HARARE - Zimbabwe's $3,3 billion stock market is up 22 percent this month, more than any of the 94 equity indexes tracked by Bloomberg globally. Zimbabweans are piling into equities to preserve their wealth as the government plans to introduce a pseudo-currency called bond notes, stirring memo...
Equities open year in the red 3 January 2014 HARARE - Zimbabwe's equities market opened 2014 in the red with only one counter trading in the positive as analysts claimed there were little prospects of fresh listings in the new year. In yesterday's trade — the bourse's first in 2014 — the benchmark industrials index shed 0,06 percent to c...
ZSE slumps 20 November 2013 HARARE - The Zimbabwe Stock Exchange, which opened the week on a high, yesterday slumped 0,04 percent to close at 217,18 points. Biggest gainers in Tuesday's trade were Medtech which added 14,3 percent to 0,8 cents while most counters traded in the red. On Monday, the bourse's benchmark ind...
ZSE automation to boost turnover 14 November 2013 HARARE - Automation of the Zimbabwe Stock Exchange (ZSE)'s trading system is expected to boost equities' daily turnover to more than $5 million, the Securities and Exchange Commission of Zimbabwe (SecZim) says. The local bourse's daily turnover — which is the value of shares traded per day — c...
ZSE grows 30pc in nine months 9 November 2013 HARARE - Zimbabwe's stock market has grown by 30 percent in the first nine months of the year and 240 percent since dollarisation in February 2009 — driven by increased foreign investor participation — and is seen maintaining a similar trend in 2014 with more policy clarity, a leading investment ...