Date: Friday, 20th January 2017    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
SIMBISA 16.50 0.50 3.13% 3.13%
OLD MUTUAL 350.41 0.16 0.05% 0.34%
CBZ 10.50 0.00 0.00% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
ECONET 27.00 -3.00 -10.00% -10.00%

 

INDUSTRIAL INDEX
145.06
 -0.62%
MINING INDEX
58.51
 0.00%
Market Commentary

ZSE rebounds in mixed heavies trades…

The industrial Index rebounded by a marginal 0.09% in Tuesday’s session to close at 146.26pts. Four risers were recorded on the bourse against two fallers, setting a positive market breadth of two. Anchoring the gains were mid-tier stocks Lafarge and Hippo, with the former surging 20% to $0.4800 while, the latter was up 1.39% at $0.3600. The heavy cap duo of Old Mutual and PPC were amongst the risers after putting on 0.07% and 0.45% to see their shares being swapped at $3.5025 and $0.5525 respectively. Topping the fallers’ zone was banking group CBZ which lost 4.55% to $0.1050 while, telecom giant Econet followed with a 0.20% drop and closed at $0.3000. Econet’s decline came in the aftermath of the group’s announcement of a proposed rights issue at $0.050 on the basis of ... [more]

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Counter Price   Δ USc % Δ % Δ YTD
SIMBISA 16.50 0.50 3.13% 3.13%
OLD MUTUAL 350.41 0.16 0.05% 0.34%
CBZ 10.50 0.00 0.00% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
ECONET 27.00 -3.00 -10.00% -10.00%
Market Commentary

ZSE rebounds in mixed heavies trades…

The industrial Index rebounded by a marginal 0.09% in Tuesday’s session to close at 146.26pts. Four risers were recorded on the bourse against two fallers, setting a positive market breadth of two. Anchoring the gains were mid-tier stocks Lafarge and Hippo, with the former surging 20% to $0.4800 while, the latter was up 1.39% at $0.3600. The heavy cap duo of Old Mutual and PPC were amongst the risers after putting on 0.07% and 0.45% to see their shares being swapped at $3.5025 and $0.5525 respectively. Topping the fallers’ zone was banking group CBZ which lost 4.55% to $0.1050 while, telecom giant Econet followed with a 0.20% drop and closed at $0.3000. Econet’s decline came in the aftermath of the group’s announcement of a proposed rights issue at $0.050 on the basis of ... [more]

Weekly-28.10.16
The market was little changed for the week as the benchmark Industrial Index saw its recent rally suffer a dent in the form of a marginal 0.01% slump...

Market Comment -04.11.2016
The ZSE closed in the black in Friday trades after the mainstream Industrial Index notched 0.06% to 120.34pts on the back of gains in heavy cap Delta...

Weekly-04.11.16
The market was in a second week of marginal losses on the back of mixed financials from reporting companies along with the gazetting of a...

Market Comment -03.11.2016
A block trade in financial services group Getbucks highlighted Thursday trades to drive the day’s activity aggregates. The block of circa 28m shares,...

Market Comment -02.11.2016
Telecom giant Econet reversed gains accrued in the past two consecutive sessions, pulling down the Industrial Index in mid-week trades....


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