Categories: News

Zimbabwe Stock Exchange opens week high

The Zimbabwe Stock Exchange All shares Index advanced 0.10 percent to close at 91.36 points on Monday.

The top ten index added 0.03 percent to trade at 90.37 points.

Market capitalisation stood at $8.6 billion while turnover amounted to $1.5 million.

Beverage maker, Delta advanced 0.14 percent to settle at 166.08 cents while Old Mutual added 2.18 percent to trade at 510.92 cents.

Nampak and Axia also added 4.59 percent and 0.56 percent to close at 18 cents and 18.1 cents respectively.

Partially offsetting the gains recorded were SeedCo and Innscor which eased 1.18 percent and 0.31 percent to settle at 200.57 cents and 80.25 cents respectively.

All mining counters remained at previous prices.

Foreigners were net buyers in the day purchasing shares worth $468 902 compared to sales which amounted to $65 757.- The Source

(120 VIEWS)

Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

Recent Posts

ZiG firms against US dollar for 10 days running but people still do not have confidence in the currency

Zimbabwe’s new currency, the Zimbabwe Gold (ZiG), firmed against the United States dollars for 10…

November 16, 2024

Zimbabwe among the top countries with the widest gap between the rich and poor

Zimbabwe is among the top 30 countries in the world with the widest gap between…

November 14, 2024

Can the ZiG sustain its rally against the US dollar?

Zimbabwe’s battered currency, the Zimbabwe Gold, which was under attack until the central bank devalued…

November 10, 2024

Will Mnangagwa go against the trend in the region?

Plans by the ruling Zimbabwe African National Union-Patriotic Front to push President Emmerson Mnangagwa to…

October 22, 2024

The Zimbabwe government and not saboteurs sabotaging ZiG

The Zimbabwe government’s insatiable demand for money to satisfy its own needs, which has exceeded…

October 20, 2024

The Zimbabwe Gold will regain its value if the government does this…

Economist Eddie Cross says the Zimbabwe Gold (ZiG) will regain its value if the government…

October 16, 2024