Date: Thursday, 28th July 2016    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 1.50 0.00 0.00% -64.71%
Counter Price   Δ USc % Δ % Δ YTD

 

INDUSTRIAL INDEX
98.88
 0.00%
MINING INDEX
26.30
 0.00%
Market Commentary

ZSE in worst trading session since 2009…

The ZSE registered its worst trading day since dollarization in 2009 as the market spun a measly 6,995 Barclays shares which sailed at an unchanged price of $0.0150 and yielded $104.92 in value of trades for the day. Today’s outcome emerged as the lowest single session activity aggregates since 2009 when the market dollarized. Volumes of the day were down 93.23% on yesterday, while values traded also dipped 99.26%. Foreign play was again absent in today’s session for the second session running as local participation was similarly subdued. The resulting low activity saw the main stream Industrial Index and the Mining Index close the day unchanged at 98.88pts and 26.30pts respectively.

The green patch for the market, however, emerged to be cigarette manufacturers BAT who released another decent set of numbers in their interim report... [more]

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Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 1.50 0.00 0.00% -64.71%
Counter Price   Δ USc % Δ % Δ YTD
Market Commentary

ZSE in worst trading session since 2009…

The ZSE registered its worst trading day since dollarization in 2009 as the market spun a measly 6,995 Barclays shares which sailed at an unchanged price of $0.0150 and yielded $104.92 in value of trades for the day. Today’s outcome emerged as the lowest single session activity aggregates since 2009 when the market dollarized. Volumes of the day were down 93.23% on yesterday, while values traded also dipped 99.26%. Foreign play was again absent in today’s session for the second session running as local participation was similarly subdued. The resulting low activity saw the main stream Industrial Index and the Mining Index close the day unchanged at 98.88pts and 26.30pts respectively.

The green patch for the market, however, emerged to be cigarette manufacturers BAT who released another decent set of numbers in their interim report... [more]

Market Comment -03.06.2016
The mainstream Industrial Index was flat in Friday’s trades which saw three risers dominating against one faller to leave a positive market breadth...

Market Comment -02.06.2016
The mainstream Industrial Index slid further by the close of session on Thursday paring 0.42% to 104.30pts. The weakness in the Index was triggered...

Market Comment -01.06.2016
The ZSE commenced the month on an uninspiring note posting a marginal 0.04% gain to 104.74pts in subdued trades....

Market Comment -31.05.2016
The ZSE Industrial Index capped the final session of the month on the back foot after a marginal 0.08% decline to 104.70pts though market aggregates...

Market Comment -30.05.2016
The market opened the new week in the black on resurgent demand in selected stocks. Activity was much improved in Monday trades with the value of...


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