|52 Wk High:||0.00c|
|52 Wk Low:||0.00c|
|20 Day VWAP:||2.00|
Bullish sentiment prevails…
The market traded in the black in Thursday’s session as investors continued to seek refuge against anticipated inflationary pressures after a fuel price hike. Bullish sentiment persisted as the market resumed trades after a two-day break to see the All Share Index advancing 2.85% to close at 153.25pts while, the Industrial Index rallied 2.88% to end at 511.67pts. The Top Ten Index improved 3.13% to 154pts spurred by gains in heavy capitalised stocks. The Mining Index was stable at 207pts with no trades recorded in the sub-sector. Banking group First Capital headlined the risers of the day after putting on 20% to trade at $0.0636 while, property concern ZPI added 19.05% to $0.0300. Meikles and Fidelity followed with surges of 14.55% and 14.29% to settle at respective prices of $0.6300 and $0.1000. Completing the top five gainers of the day was CBZ ... [more]
In investing, what is comfortable is rarely profitable.
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...