Zimbabwe Stock Exchange opens week lower


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The Zimbabwe Stock Exchange All Shares Index opened the week lower, easing 0.19 percent to settle at 97.4 points.

The Top 10 index, however, added 0.05 percent to trade at 97.71 points on gains recorded by Old Mutual.

Market capitalisation stood at $9.23 billion in the day while the market turnover amounted to $1.08 million.

Seedco eased 0.11 percent to trade at 200 cents while First Mutual Properties dropped 18.03 percent to settle at 5 cents.

Barclays and Zimre eased 6.78 percent and 0.32 percent to settle at 5.5 cents and 3.09 cents respectively.

Old Mutual and WiIdale added 1.51 percent and 1.47 percent to settle at 480 cents and 0.69 cents respectively.

Additionally, TSL and Meikles advanced 0.68 percent and 0.17 percent to settle at 37 cents and 29.7 cents in that order.

Foreigners purchased shares worth $805 490 compared to sales which amounted to $176 000.

On the mining space, all counters remained unchanged.- The Source

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The Insider

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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