Morning Brief 06 November 2019
Fidelity gold monopoly challenged. RioZim profit tops $38m. To read more, click here to download the full article
Fidelity gold monopoly challenged. RioZim profit tops $38m. To read more, click here to download the full article
Trade deficit down 71%. Fuel prices up 22pc. To read more, to click here to download the full article
The market closed in red zone on the back of losses in FML, PPC, CSZL, ECO, DLTA, OKZ and PHL. Gains in BIND strengthened Minings to close at 225.81. 7m shares exchanged hands today turning over $6,328,164. To read more, click here to download the full article
The market continues to trade in negative territory as 3 Indices opened the week in the red. The ZSE TOP 10 Index closed lower by 2.85% weighed down by losses in ECO, DLTA, SEED, NTFD, and SIM. Industrials lost 2.08% to close at 501.62 while the Resources Index went up as BIND strengthened. Total turnover for the day was $2,307,249
Minings closed the day in the negative after BIND weakened. The All Share index went up following gains noted in ZPI (+20%), INN (+7.49%), UNIF (+5.68%) CBZ (+2.75%), PHL (+2.11%) and others. Industrials and the ZSE TOP 10 closed at 533.25 and 163.25 respectively after they both strengthened. A block trade in FBC ($4.6m) dominated turnover today which came to
Zim in good position for Chinese investment. Petrotrade ready for ZSE listing. ZEIPF to build hotel in Vic Falls. To read more, click here to download the full article
Out of the 17 counters that traded today, 10 advanced while 3 went southwards. 3 Indices closed the day in the positive whilst Minings remained unchanged at 208.81. Turnover for the day was $3,748,754. To read more, click here to download the full article
The ZSE was active today recording 361 traded(71 previous session) off 31 counters and turnover recovered to $9 985 039; the market however traded in the red as gains in ECO (+7.08%), SIM (+3.40%), INN (+1.74%), SEED (+1.28%) & OKZ (+7.55%) failed to turn a falling market. Notable losers on the day included OMU (-10.25%), PPC (-16.17%), PHL (-19.75%), DLTA
Trade deficit down 44%. IMF raises Zim growth forecast. Tharisa will consider equity partner for giant PGM Zimbabwe project. To read more, click here to download the full article
ZCDC invests $100 million on mining equipment. GMAZ applies for import subsidy. Govt tightens TBs issuance . To read more, click here to download the full article