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ZSE dips on faltering heavies…
ZSE indices faltered further in Thursday trades weighed down by losses in heavies, as the mainstream All Share Index shed 1.35% to 153.22pts. The Industrials dropped 1.37% to end at 515.04pts while, the Top Ten Index retreated 1.68% to 155.91pts. The less active Mining Index closed flat at 193.16pts with no activity in the cluster. ART topped the fallers of the day after a 16.19% dip to $0.0880 trailed by hotelier African Sun that trimmed 10% to settle at $0.0900. Beverages group Delta slipped 3.42% to $3.0423 having traded an intra-day low of $3.0000. Retailer OKZim let go 3.01% to settle at $0.2900 while, property company Dawn sealed the shakers of the day with a 2.99% loss to $0.0260.
Mitigating losses of the day was hotelier RTG that surged 19.50% to... [more]
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.