Zimbabwe stock market hits new highs as currency, cash problems worsen

Zimbabwe stock market hits new highs as currency, cash problems worsen

HARARE (Capital Markets in Africa) – Zimbabwe’s stock market hit a record high on Monday, propelled by local investors seeking a safe haven in an economy suffering acute shortages of foreign exchange. The Zimbabwe Stock Exchange’s (ZSE) main industrial index touched 301.03 points, the highest since it was rebased in 2009 when Zimbabwe dumped its hyperinflation-hit currency in favor of the US dollar. Market capitalization reached $8.5 billion. It has more than doubled since January…

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Zimbabwe Equity Markets | 19 Oct 2015: ZSE Industrial Index starts week in red, ZSE down 0.07%, Market Cap down by US$2 Mill….

Zimbabwe Equity Markets | 19 Oct 2015: ZSE Industrial Index starts week in red, ZSE down 0.07%, Market Cap down by US$2 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index started the week today in the red zone as the main index fell during the days trading while the mining index continued to remain flat. The Industrial Index retreated by 0.10 points to close 130.98 points, down by 0.07 percent. The ZSE Industrial index year-to-date settled at 19.54 percent. The market capitalisation ended at US$3,420 billion down by US$2 million compared to the US$3.422 billion recorded in the previous session. The market activity today recorded a turnover…

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Zimbabwe Equity Markets | 16 Oct 2015: ZSE Industrial Index enters green zone, up 0.35%, Mining remains flat, Market Cap up by US$12 Mill….

Zimbabwe Equity Markets | 16 Oct 2015: ZSE Industrial Index enters green zone, up 0.35%, Mining remains flat, Market Cap up by US$12 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index ended the week today moving into the green zone as the main index rose during the days trading while the mining index remained flat. The Industrial Index gained by 0.46 points to close 131.08 points, up by 0.35 percent. The ZSE Industrial index year-to-date settled at 19.47 percent. The market capitalisation ended at US$3,422 billion up by US$12 million compared to the US$3.410 billion recorded in the previous session. The market activity today recorded a turnover…

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Zimbabwe Equity Markets | 15 Oct 2015: ZSE Industrial Index retreats 0.16%, Mining out of slump up 0.46%, Market Cap down US$3 Mill….

Zimbabwe Equity Markets | 15 Oct 2015: ZSE Industrial Index retreats 0.16%, Mining out of slump up 0.46%, Market Cap down US$3 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index ended the session today moving further into the red zone as the main index fell during the days trading while the mining index finally came out of its slump. The Industrial Index lost by 0.12 points to close 130.62 points, down by 0.16 percent. The ZSE Industrial index year-to-date settled at 19.76 percent.  The market capitalisation ended at US$3,410 billion down by US$3 million compared to the US$3.413 billion recorded in…

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Zimbabwe Equity Markets | 14 Oct 2015: ZSE Industrial Index retreats further into red zone, Market Cap down by US$4 Mill….

Zimbabwe Equity Markets | 14 Oct 2015: ZSE Industrial Index retreats further into red zone, Market Cap down by US$4 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index ended the session today retreating further into the red zone as the main index fell again during the days trading. The Industrial Index lost by 0.16 points to close 130.74 points, down by 0.12 percent. The ZSE Industrial index year-to-date settled at 19.68 percent.  The market capitalisation ended at US$3,413 billion down by US$4 million compared to the US$3.417 billion recorded in the previous session.  The market activity today recorded a turnover of…

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Zimbabwe Equity Markets | 9 Oct 2015: ZSE Industrial Index rebounds and ends week higher, Agristocks are strongest performers, Market Cap up US$7 Mill….

Zimbabwe Equity Markets | 9 Oct 2015: ZSE Industrial Index rebounds and ends week higher,  Agristocks are strongest performers, Market Cap up US$7 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index rebounded and ended the week higher today as it recorded gains made during the days trading pushed up by strong performing agricultural stocks. The Industrial Index gained 0.0026 points to close 131.45 points, up by 0.20 percent. The ZSE Industrial index year-to-date settled at 19.41 percent.  The market capitalization also rebounded to recoup previous losses to end at US$3,431 billion up by US$7 million compared to the US$3.424 billion recorded in the previous…

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Zimbabwe Equity Markets | 8 Oct 2015: ZSE Industrial Index continues in bear, Telecoms stock only riser, Market Cap down by US$8 Mill….

Zimbabwe Equity Markets | 8 Oct 2015: ZSE Industrial Index continues in bear, Telecoms stock only riser, Market Cap down by US$8 Mill….

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index continued in bear sentiment as it recorded further losses today losing 0.0031 points to close 131.18 points, down by 0.24 percent with Telecoms stock recording the only price rise. The ZSE Industrial index year-to-date settled at 19.41 percent. The market capitalisation ended at US$3,424 billion down by almost US$8 million compared to the US$3.432 billion recorded in the previous session. The market activity today recorded a turnover…

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