Date: Wednesday, 2nd September 2015    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
NMBZ 3.60 0.60 20.00% -20.00%
FIDELITY 7.80 1.20 18.18% -2.50%
DELTA 83.00 0.05 0.06% -18.63%
Counter Price   Δ USc % Δ % Δ YTD
PEARL 2.50 -0.35 -12.28% -10.71%
INNSCOR 59.50 -0.50 -0.83% -0.83%

 

INDUSTRIAL INDEX
134.86
 -0.08%
MINING INDEX
35.41
 0.00%
Market Commentary

ECONET trades highlight ZSE…

Telecommunications giant ECONET was today’s most sought after stock exchanging 3.92mn shares at a stable price of $0.28 for a consideration of $1.10mn growing 109% from yesterday’s outturn. The trades were foreign to foreign exchanges constituting 66.37% of volume and 96.76% the value traded. Persistently, strong demand has been obtaining in ECONET coinciding with reports that the company saved around $70mn from its ongoing cost containment measures in response to the depressed economy. Trailing was ZHL’s 1.54mn shares that went through at $0.01 and valued at $15,430.24 and sustained by external demand.

Today’s advances were in NICOZ that jumped 12.50% to $0.018, TURNALL which leapt 11.11% to $0.01, DAWN that rose 1.84% to $0.0166, OKZIM that increased 1.41% to $0.0720 and BAT which notched 1.1% to $11.6767. These gains drove the Industrial... [more]

Sign In

Equities Trading

EFE Securities is a leading stockbroking firm on the Zimbabwe Stock Exchange (ZSE) ...

More

Research Services

EFE Research offers rich and informed analysis and research gathered by its intrepid analytical team ...

More

Advisory Services

Soon to be added to the EFE product offering is advisory focusing on corporate finance.

More
Counter Price   Δ USc % Δ % Δ YTD
NMBZ 3.60 0.60 20.00% -20.00%
FIDELITY 7.80 1.20 18.18% -2.50%
DELTA 83.00 0.05 0.06% -18.63%
Counter Price   Δ USc % Δ % Δ YTD
PEARL 2.50 -0.35 -12.28% -10.71%
INNSCOR 59.50 -0.50 -0.83% -0.83%
Market Commentary

ECONET trades highlight ZSE…

Telecommunications giant ECONET was today’s most sought after stock exchanging 3.92mn shares at a stable price of $0.28 for a consideration of $1.10mn growing 109% from yesterday’s outturn. The trades were foreign to foreign exchanges constituting 66.37% of volume and 96.76% the value traded. Persistently, strong demand has been obtaining in ECONET coinciding with reports that the company saved around $70mn from its ongoing cost containment measures in response to the depressed economy. Trailing was ZHL’s 1.54mn shares that went through at $0.01 and valued at $15,430.24 and sustained by external demand.

Today’s advances were in NICOZ that jumped 12.50% to $0.018, TURNALL which leapt 11.11% to $0.01, DAWN that rose 1.84% to $0.0166, OKZIM that increased 1.41% to $0.0720 and BAT which notched 1.1% to $11.6767. These gains drove the Industrial... [more]

Market Comment 31.08.15
Industrials reversed last Friday’s marginal gain easing 0.07% to close August at 135.43pts weighed down by mid-cap losses. Retailers OKZIM was the...

Market Comment 28.08.15
The Industrial Index today recovered 0.50% to 135.34pts as bids resurfaced in selected stocks. Driving the mainstream Index was the top capitalized...

Market Comment 27.08.15
The equities market skid extended in Thursday’s session as weakness on the market persisted. The main stream Industrial Index shed 0.08% to 134.86...

Market Comment 26.08.15
Top capitalized stock DELTA was the sole gainer garnering 0.31% to attain an average price of $0.8295 and closing firm buyers at...

Market Comment 25.08.15
Trades in ECONET, DELTA and CBZ carried the day with their combined 87.05% contribution to the $479,491.84 value traded, surging 78.39% from...


Commodities are powered by Investing.com

    You get recessions, you have stock market declines. If you don't understand that's going to happen, then you're not ready, you won't do well in the markets.

    Peter Lynch

Latest Tweets

Latest Blog Posts



    Industrials rebound on increased volumes...

    The Industrial Index closed the week 0.16% up at 168.36pts as retailers OK Zimbabwe advanced 6.87% to 14c and financial services group Old Mutual notched 0.42% to 237c. Weakness that creeped in...

    ZSE trades soft as TA and ABCH delist...

    The ZSE was pegged back for the second day running in Thursday trades, as earlier gains fail to hold. The main Industrial Index retreated 0.33% to 168.09pts despite...

    Market slows down

    There was a marked slow done in activity with turnover falling below the $1mn mark as a 40.56% decline took it to $0.70mn. Econet had a healthy share of today's trades shoring $500,000.00 or...