Delayed MPS hurts stocks as investors book $1.09 trillion loss
By ETimes HARARE – The failure of policymakers to announce the 2024 Monetary Policy Statement (MPS) which was expected to be released last month, is weighing on the country’s stock…
Equities extends losing streak, down $40.04 billion
By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange (ZSE) on Tuesday extended its negative sentiment, dropping by $40.04 billion in market capitalisation to $41.10 trillion. Market breadth, which is…
ZSE opens week negative, down by $123.86 billion
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) begins the week negative with the mainstream All Share index depreciating by 0.27% at the close of business on Monday due…
NGX, ZSE go crazy amid currency depreciation, inflation and debt
By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange (ZSE) has been ranked among the three of the fourteen Sub-Saharan Africa’s (excluding South Africa’s) stock markets that have had positive…
CBZ shares gains after issuing 13th cautionary statement
By Stephen Chandisareva HARARE – CBZ Holdings shares gained by 3.93% on Wednesday after issuing the 13th cautionary statement relating to the process of securing the necessary regulatory clearance to move…
ZSE sees $92.25 billion gain amidst seesaw trading pattern
By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange (ZSE) closed the opening day of the week marginally positive amidst a seesaw trading pattern. It’s becoming uneasy to predict market…
ZSE in red ahead of National Youth Day
By ETimes HARARE – Tuesday’s trading on the Zimbabwe Stock Exchange (ZSE) continued on the bearish path of Monday as the benchmark indices declined by 2.19% taking the bearish sentiment…
FML shares trade flat after filing an application to review corrective order
By ETimes HARARE – First Mutual Holdings Limited shares were flat at $3,600.00 after filing a lawsuit to defend its legal rights because they disagreed with the conclusions made in…
Stock market extends losing streak to six days
By Stephen Chandisareva HARARE – The Zimbabwe Stock Exchange fell further on Friday, extending its losing streak to six consecutive trading sessions. Fifteen counters, led by Meikles, recorded price losses…
Dairibord sees block deal worth $7.1 billion
By ETimes HARARE – Equities trading on the Zimbabwe Stock Exchange (ZSE) on Thursday ended in the south zone as bears persisted for the fifth consecutive time. With 1.65% depreciation,…