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ZSE ends week in losses…
The market weakness continued in the end of week session as the broad indices closed in the red. The All Share Index lost 0.75% to close week at 112.55pts while, the Industrials ended at 377.54pts after trimming 0.94%. The Top Ten Index went down 1.22% to finish at 113.77pts as losses in Delta outweighed gains in SeedCo, Old Mutual and Econet. Banking group Barclays headlined the fallers of the day after letting go 10.79% to $0.0620 while, beverages company Delta succumbed 4.91% to settle at $2.0259 having traded at an intra-low of $2.0000. Apparel retailers Edgars fell 4.28% to $0.0850 while, Padenga was down 1.59% at $0.6200. CBZ completed the day’s losers after dipping 0.13% to $0.1598 closing with a spread of $0.1500-$0.1595.
Topping the gainers list was Art with an 18.06% lift to $0.0850, ... [more]
Bottoms in the investment world don't end with four-year lows; they end with 10- or 15-year lows.
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...