ZSE up buoyed by heavyweight stocks

By |December 6th, 2016|Categories: Comment, ECO, SEED|

Strong gains in blue chip counters saw the Industrials Index continue with its positive streak. By the close of trading the main industrials index was 2.08% up at 143.73 points on the back of solid gains in Seedco up 4.89% to 101 cents, Innscor added 8.14% to 43.69 cents, while Delta added 1.87% to 88.63 cents. Econet was also buoyant

Seedco and Bindura results

By |November 29th, 2016|Categories: Headlines, SEED|

Seedco reported its results for the half year ended 30 September 2016 showing an increase in revenue but also an increase in the loss for the period against prior year comparative. Revenue for the period amounted to $24.8 million up 32% from $18.8 million prior year comparative. Cost of sales however went up by 42% to $14.9 million from $10.5