Zimbabwe Stock Exchange |

Zimbabwe’s Opposition Alliance Says It Will Scrap Bond Notes

HARARE (Capital Markets in Africa) – Zimbabwe’s main opposition pledged to scrap bond notes and compensate former white farmers who lost their land if it’s elected to rule at the next of next month. The Movement for Democratic Change alliance will immediately scrap the controversial bond notes, with a longer-term goal of joining the rand monetary union and the Southern African Customs Union, Tendai Biti, a spokesman for group, said at the launch of its election…

Mugabe’s Woes Wipe Out $6 Billion From Zimbabwe’s Skewed Stocks

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HARARE (Capital Markets in Africa) – Investors dumped Zimbabwean stocks every day since the military seized power on optimism that 93-year-old President Robert Mugabe will be forced to step down. The stocks, which are denominated in U.S. dollars and were used to hedge against rising inflation, fell another 10 percent on Tuesday, bringing the Zimbabwe Stock Exchange Industrial Index’s retreat since the army’s takeover on the morning of Nov. 15 to 35 percent. The bourse’s market capitalization has…

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

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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…

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

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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…

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….

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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…

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….

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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…

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

Posted on by The Editorial Team

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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