18.3 C
Harare
Wednesday, January 20, 2021
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The stock market quickly flipped part of the prior session gains as the market continues in zig zag. The bourse was seen closing at 1496.97 which is 0.54% below the prior close. Wednesday’s losses came...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The ZSE market reversed prior session losses as it struggles to find direction. The All Share Index surged 1.95% to close at 1505.15points on the back of rising market heavies. Small caps performed inversely to...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The local bourse opened the new week and month in losses albeit mild. The ZSE lost -0.03% to settle at 1476.41 stretching the  losing streak to 2 straight sessions. Despite choppy trading, the ZSE maintains...
*Performance Charts incl (ZSE indices, ZSE Value Traded, Interbank) The stock market partially reversed a 3 day losing streak on rising by 1.39% on Thursday. The bourse has largely traded sideways over the last 4 weeks as the Zimdollar stabilise against the USD. This...
The local bourse extended losses to a 5th straight session on Monday taking the cumulative loss to -3.5% over the 5-day period. In a week opening session which was typically quiet, heavies dragged the market reflected through a 0.69% ZSE ASI inter-day loss.
The three are Old Mutual PLC, PPC and Seed Co InternationalNo direct involvement in malpractice notedTrading on ZSE resumes on 03 August 2020 Harare- Three listed entities accused of contributing to broader macro-economic instability have suspended trading on the Zimbabwe Stock Exchange as...
Company said it has agreed with ZSE that its shares be temporarily suspended from tradingPPC is 1 of the 3 dual listed counters on the ZSEPPC notes that an investigation into the dealings on the ZSE found the company innocent of any wrongdoing
Last week the ruling party ZANU PF recommended the ejection of Old Mutual Limited from the Zimbabwe Stock Exchange while subsequently the government is moving to delist the counter together with other dual listings and to another yet to be established stock market. This recommendation comes...
Earlier this week, the Central bank reintroduced the interbank foreign currency trading platform but with modifications. When the interbank was first introduced in February of 2019, it marked Zimbabwe’s shift from a fixed exchange system of 1:1 between the USD and RTGS (local currency) balances. Essentially,...
Inflation takes nasty turn in defiance of MPC and RBZ targetMonth on Month inflation came in at 26.59% in March 2020CPI for the month ending March 2020 stood at 810.40%Year on year inflation stood at 676.39% Official Inflation came in at 26.59% in...