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,…
ZHL, African Sun sees block trading deals
By ETimes HARARE – Trading activities on the floor of the Zimbabwe Stock Exchange (ZSE) turned bearish for the fourth consecutive trading session on Wednesday as investors are waiting for…
Nampak shares slide on going concern warning
By Stephen Chandisareva HARARE – Shares of Nampak dropped 4.58% Tuesday after the packaging firm spooked investors with a going-concern warning in notes to its summarised financial statements for the…
ZSE opens new week in red, down $1.05 trillion
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) opened the week in the red on Monday as just 12 stocks appreciated amid exchange rate instability. After the announcement that…
Equities fall as ‘fluid economic outlook’ weighs on sentiment
By ETimes HARARE – Trading activities on the local bourse ended bearishly on Friday. This comes amid a number of companies preferring not to declare dividends in the latest round…
ZSE to train prospective issuers The
By ETimes The Zimbabwe Stock Exchange (ZSE) launched an issuers programme meant to equip and mentor potential issuers in the country through an all paid programme. In a statement the…
ZSE reverses previous day loss as capitalisation rise by $689.86bn
By ETimes HARARE – The Zimbabwe Stock Exchange (ZSE) recovered losses from the previous day on Tuesday as the mainstream index rose by 1.12% to close at 555,245.91 points. As…
Investors lose $2.78 trillion as stock market bullish run ends
By ETimes After a long bullish run, the Zimbabwe Stock Exchange closed a trading day in the bearish region as the All-Share Index crashed by 6.02% to close at 549,074.74…
WB revises up Zim growth forecast for 2024 as ZSE reverses losses
By ETimes The local bourse ended bullish on Friday to halt a one-day negative outing as the World Bank (WB) revised up Zimbabwe’s economic growth projections both for 2023 and…