ZSE firmer ahead of 38th Independence anniversary….Insurers inactive
By Insurance24
HARARE, Ahead of the 38th Zimbabwe’s independence anniversary tomorrow, the All Share index gained a further 2.81% to close at 93.23 buoyed by gains in three heavy weight counters Old Mutual, Delta and Econet.
As a result, turnover was at $1.81 mln as the market traded on a form note amid strong demand.
The market
Only three counters trade on Monday as Govt gazettes pension and health scheme for informal sector
By Insurance24
HARARE, Insurer, Old Mutual was among the only three counters that traded on Monday as the week opened on a low note with turnover at $550,535. Other insurers, ZHL, Fidelity Life Assurance, FMHL and Nicozdiamond witnessed no activity with rest of the market.
Apart from Old Mutual, activity
Insurers end week on low note. Turnover at $2.05 mln as Government mulls state enterprises listings
By Insurance24
HARARE, Old Mutual was the only insurer to trade on Friday where market turnover stood at $2.05 mln off 97 trades. Trades of note were recorded in Afdis, Econet and Old Mutual. Other insurers, ZHL, Fidelity, FMHL and Nicoz closed the week with no activity.
As government forges ahead with
Industrial index gains 1.14% in mid-week session…Insurer’s miss out
By insurance24
HARARE, Turnover on the Zimbabwe Stock Exchange (ZSE) stood at $1.86 mln at the close of mid-week session with the All Share Index up a marginal 0.99 points on the back of a 3.4 points gain in the Industrial Index.
Block trades in BATZ and Econet carried the day in a session that had strong bids that were left
ZSE turnover closes at $1.94 mln as appetite for Insurers remain low
By Insurance24
HARARE, Trading activity on the Zimbabwe Stock Exchange (ZSE) improved on Tuesday largely on decent trades in Econet, NMBZ and Seedco. NMBZ saw a total 2.7 mln shares exchanging hands at 11c.
The Group recorded an after tax profit of $9.93 mln in 2017 compared to an after tax profit of $5.05 mln in 2016 according to
Election sentiment slowly filtering into market.. ZSE weaker in weeks opener.. Insurers remain inactive
By Insurance24
Harare, Insurers listed on the Zimbabwe Stock Exchange (ZSE) were largely in the same mode with the market which was characterized by limited activity across the counters during the week’s opening session.
Only Old Mutual traded with a total 28.250 shares exchanging hands in a market
ZSE turnover closes at $1.8 mln on Thursday as Insurers miss in action except for OM only
By Insurance24
Fidelity Life trade flat with the company due for FY17 reporting. Turnover spikes to $5.11 mln
By Insurance24
HARARE, Fidelity Life Assurance traded flat at 8c, in a session where turnover spiked to $5.11 mln on big trades from the Zimbabwe Stock Exchange (ZSE) heavyweight counters.
Fidelity among other insurers has not seen share movement for weeks as appetite for insurance companies remain low. The
ZSE opens week firmer on turnover, as insurers extend being inactive
By Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) opened the week decent in terms of turnover which closed at $2.5 mln, but for insurers activity was only limited to Old Mutual (OM) which traded flat.
OM, a diversified financial services group and insurer has supported several economic projects and is currently constructing
Block Econet trade lifts ZSE turnover to $3.9 mln, as insurers are saved by OM
By Insurance24
HARARE, Decent trades in insurer Old Mutual and other blue-chip counters saw the Zimbabwe Stock Exchange (ZSE) turnover closing the week on an improved note at $3.9 mln up from $700 000 yesterday.
A total 67.784 Old Mutual shares exchanged hands on a share price of 540.01c while other insurers remained inactive.