|52 Wk High:||2.50c|
|52 Wk Low:||0.65c|
|20 Day VWAP:||1.77|
Industrials in the black as bulls dominate…
Block trades in crocodile skin producer Padenga highlighted the session as 2.76m shares exchanged hands in the counter. The stock anchored the value and volume aggregates of the day claiming 35.22% and 32.37% respectively. Volumes received a flattering 6.46% uplift to 7.83m shares with values rising 174.05% to $7.67m. Other notable trades of the day were seen in top capitalised stocks Simbisa and Innscor which contributed a combined 30.63% of the volume outturn. Foreign participation dominated on both the sell side and the buy side after improving 3595.54% on yesterday and 498.93% on the sell side. The bullish session saw the risers at fourteen and fallers stood at two amongst the sixteen active stocks resulting in a positive market breadth of twelve.
Resultantly, the Industrial Index edged higher to ... [more]
Wide diversification is only required when investors do not understand what they are doing.
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...