Zimbabwe Stock Exchange sprints past 500-point mark


Innscor also eased 0.31 percent to settle at 178.5 cents while BAT eased 2.24 percent to settle at 3 560.94 cents. Simbisa eased 2.86 percent to settle at 68 cents.

Among the gainers, FML and Nampak advanced 50 percent and 20.83 percent to settle at 18 cents and 14.5 cents respectively.

ART and Barclays advanced 20 percent and 17.14 percent to settle at 6 cents and 8.2 cents respectively.

Cement maker, Lafarge and FML Properties advanced 16.73 percent and 16.67 percent to settle at 82 cents and 5.6 cents respectively.

Willdale and Star Africa advanced 12.86 percent and 11.11 percent to settle at 0.79 cents and 2.5 cents respectively.

Hippo Valley and NMB advanced 7.09 percent and 5.88 percent to settle at 151 cents and 9 cents in that order.

Zimre and Dairibord advanced 4.4 percent and 2.58 percent to settle at 2.61 cents and 17.5 cents respectively.

CFI and TSL advanced 2.56 percent and 2.31 percent to settle 69.74 cents and 36.32 cents while Meikles and Masimba advanced 1.63 percent and 1.41 percent to settle 40 cents and 7.2 cents respectively.

Partially offsetting the gains recorded by the industrial index were Turnall and Axia whose share prices fell 18.06 percent and 7.15 percent to close at 1.18 cents and 28.94 cents respectively.

CBZ and African Sun also eased 4.15 percent and 1.96 percent to close at 23.1 cents and 5 cents respectively.

FBC, Colcom and Zimplow eased 1.03 percent, 0.35 percent and 0.25 percent to settle at 24 cents, 72 cents and 8.1 cents respectively.

On the mining space, Falcon advanced 0.5 percent to close at 2.01 cents while RioZim added 8.91 percent to close at 110 cents, offsetting the loss recorded by Bindura whose share went down by 11.11 percent to close at 6.4 cents.

Hwange was unchanged at 3.74 cents.

Foreigners remained net sellers in the week, disposing of shares worth $26.97 million compared to buys of $5.2 million.- The Source


See also:

Ignatius Chombo – A timeline

Mugabe gets his yes-man

Mugabe appoints Chombo to key Finance ministry

ICYMI- The fortune that Chombo and his ex-wife fought over



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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.


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