|52 Wk High:||5.70c|
|52 Wk Low:||5.70c|
|20 Day VWAP:||0.00|
ZSE slide in mid-week trades…
The mainstream Industrial Index slid in mid-week trades after dropping 1% to close at 332.46pts. The slump in the mainstream Index was triggered mainly by weakening demand in most heavies amongst other counters. Top capitalised stock Delta plunged 3.85% reversing its previous gains to trade at $1.5000 while Innscor lost 0.94% to settle at $108.7200. Topping the fallers set was cable manufacturer CAFCA which shed 13.17% to $0.3000 while, banking group Barclays followed on a 7.41% plunge to end at $0.0600 Dawn properties shed 4.31% to $0.020, closing with a firm bid at that level. Multi-listed Old Mutual traded flat at $4.5000 on firming demand while, telecoms giant Econet recorded no trades, ended with a spread of $0.90000-$0.9900. The Mining Index edged higher to 140.36pts... [more]
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.
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...