PERIODICALS

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Weekly -09.11.2018
9 November 2018 | published by: EFE Securities
The ZSE rebounded in the week under review, spurred by the ongoing reporting season which saw the market’s top capitalised counters reporting some impressive numbers for their respective interim periods. The two giants reported strong earnings for their interim period with Econet enjoying a 153% growth in after tax profits to $123.6m while, beverages giant Delta posted a 77% increase in after tax...
Weekly -19.10.2018
19 October 2018 | published by: EFE Securities
A late rebound in the market benchmarks was not enough to spur gains on the ZSE as all four major indices capped the week in the red. The primary All Share Index fell 9.67% for the week and settled at 180.93pts dragged down mainly by losses in the top capitalised counters whose index, the ZSE Top 10 was the worst performer after letting go 12.09% week on...
Weekly -12.10.2018
12 October 2018 | published by: EFE Securities
Currency hedging following policy pronouncements last week that separated nostro FCA accounts and RTG FCA accounts saw unprecedented demand on the ZSE which culminated in a surge in demand for equities as investors unwound RTGS balances for...
Weekly -05.10.2018
5 October 2018 | published by: EFE Securities
Bulls charged on the ZSE as another wave of uncertainties hovered over the markets following the announcement of the monetary policy earlier in the week. The reintroduction of foreign currency accounts by the central bank at a time the country is already using a multicurrency system left economic agents scrounging for the ever-elusive foreign exchange while, those holding on to local bank balance sought to unwind the positions for investment...
Weekly -28.09.2018
28 September 2018 | published by: EFE Securities
The ZSE returned to be attractive after last week’s slump as bulls came back to the market spurring the mainstream All Share Index to a 2.47 % surge and closing the month at 115.12pts. The Industrials ticked up 2.50% and closed at 386.97%....
Weekly -21.09.2018
21 September 2018 | published by: EFE Securities
The market’s top capitalised stocks succumbed to a market sell off that saw the Top Ten Index emerge as the worst performer amongst the benchmarks posting a 4.16% decline week on week to 113.77pts. The market losses come on the back of appeals from the newly appointed finance minister to business and traders alike to accept the country’s surrogate currency, Bond Notes, in the wake of its weakness following his comments in the prior week that they will be phased out...
Weekly -14.09.2018
14 September 2018 | published by: EFE Securities
The ZSE broke the weekly winning runs as sudden weakness in demand amidst profit taking in selected heavies culminated in losses for three of the major benchmarks. The primary All Share Index succumbed to a 3.81% slump week on week and settled at 115.91pts and consequently narrowed its year to date return to...
Weekly -07.09.2018
7 September 2018 | published by: EFE Securities
The ZSE survived a mid-week slump as it powered to gains in all the major market benchmarks by the end of week ahead of the announcement of a new cabinet. A few new faces in the line-up, notably in the Ministry of Finance offered a glimmer of hope that maybe some new approaches may be in the offing as government attempts to arrest the debilitating...
Weekly -31.08.2018
31 August 2018 | published by: EFE Securities
The ZSE sustained its rising momentum into the final week of the month as all four benchmark indices pushed ahead on resurgent demand. The main stream All Share Index was up 2.76% spurred by growing demand across the board and closed the week and month at...
Weekly -24.08.2018
24 August 2018 | published by: EFE Securities
The market capped the week in the black spurred by resurgent demand in selected counters amidst the tense political environment ahead of the constitutional court ruling in the 2018 Zimbabwe election petition. The All Share index was up 1.25% at 114.18pts while, the Industrial Index went up 1.27% and closed the week pegged at...
Counter Price   Δ USc % Δ % Δ YTD
BAT 3,668.70 368.70 11.17% 0.00%
ECONET 237.03 19.09 8.76% 0.00%
OLD MUTUAL 678.29 26.29 4.03% 0.00%
FCA 7.00 0.26 3.86% 0.00%
INNSCOR 164.98 5.52 3.46% 0.00%
Counter Price   Δ USc % Δ % Δ YTD
BINDURA 6.50 -0.61 -8.58% 0.00%
PPC 145.00 -5.00 -3.33% 0.00%
LAFARGE 150.00 -3.00 -1.96% 0.00%
AXIA CORPORATION 42.98 -0.02 -0.05% 0.00%
Market Commentary

Heavy capitalised stocks drives ZSE Indices …

Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The Industrial Index advanced 3.20% to end pegged at 558.12pts while, the Top Ten Index improved 4.23% to close at 173.39pts. Gainers were headlined by BAT that reversed yesterday’s losses with a 11.17% gain to close at vwap of $36.6870 trailed by Econet which was 8.76% firmer at $2.3703 on resurgent demand. Multi-listed group Old Mutual ticked up 4.03% to settle at $6.7829 having traded an intraday high of $7.0100 as it closed firmly bid at $6.7200 with no sellers. First Capital Bank rose 3.86% to $0.0700 while, Innscor soared 3.46% to $1.6498 wrapping the top five gainers of the day.

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Market Comment -14.11.2018
ZSE continued on a positive trajectory in mid-week session as the All Share Index gained 0.99% to 167.68pts while, the Industrials added 0.95% to...

Market Comment -13.11.2018
Heavy capitalised stocks drove the market up in Tuesday’s session with the mainstream All Share Index putting on 3.11% to close at 166.03pts. The...

Market Comment -12.11.2018
The ZSE extended gains in week-opener as three of the benchmark Indices closed in the black, with the primary All Share Index putting on 0.66% to...

Market Comment -09.11.2018
The market ended the week in the black buoyed by resurgent demand in momentum stocks. The mainstream All Share Index went up 1.60% to close at...

Weekly -09.11.2018
The ZSE rebounded in the week under review, spurred by the ongoing reporting season which saw the market’s top capitalised counters reporting some...


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