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Heavy capitalised stocks drives ZSE Indices …
Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The Industrial Index advanced 3.20% to end pegged at 558.12pts while, the Top Ten Index improved 4.23% to close at 173.39pts. Gainers were headlined by BAT that reversed yesterday’s losses with a 11.17% gain to close at vwap of $36.6870 trailed by Econet which was 8.76% firmer at $2.3703 on resurgent demand. Multi-listed group Old Mutual ticked up 4.03% to settle at $6.7829 having traded an intraday high of $7.0100 as it closed firmly bid at $6.7200 with no sellers. First Capital Bank rose 3.86% to $0.0700 while, Innscor soared 3.46% to $1.6498 wrapping the top five gainers of the day.
I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.
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...
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...
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...