ZSE opens March on thin trades, as Insurers appetite remain low
By Insurance24
HARARE, Trading on the Zimbabwe Stock Exchange (ZSE) opened the month of March characterized by thin trades. Insurer Old Mutual gained 0.281% to close at 535c and was the only insurer to trade in the opening day of March.
Other insurers ZHL, Fidelity, FMHL and Nicozdiamond remained stuck at their previous prices with no
Insurers miss action on last day of February…… Run for your health with ECOSURE
By Insurance24
HARARE, On the last day of trading for February, most insurers missed in action on the Zimbabwe Stock Exchange (ZSE) with only Old Mutual being the sole trader for the listed insurance firms.
OM gained 0.056 c to close at 5.31c in a session that was characterized by limited activity across all counters.
Other
ZSE gains boost Insurance sector asset base
By Insurance24
HARARE, Total Assets for the Insurance industry reached $3.19 billion as at September 2017 compared to $1.91 billion same period in 2016 largely driven by gains on the Zimbabwe Stock Exchange (ZSE) as investors sought safe haven in the wake of risk exposure of the bond notes.
Market capitalization for the local bourse reached as high as $15
Low appetite for Insurers shares ahead of inaugural Youth Day Holiday tomorrow
By Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) rebounded in Tuesday’s session to register marginal gains as it continued to trade sideways. For insurers, appetite towards their shares was low, only confined to Old Mutual which traded flat at 5.30c.
Other insurers, ZHL, Fidelity, FMHL and NicozDiamond did not
FMHL falters in a day turnover spikes to $12 mln
By Insurance24
HARARE, In a day market turnover spiked to $12.1 mln from $3.1 mln recorded in previous session, Insurer First Mutual Holdings Limited (FMHL) found the day tough, losing 8.896% to close at 17c.
FMHL through completion of the transaction to acquire short term insurer Nicozdiamond is set to become one of the leading giants in the insurance
Nicozdiamond down 19.48% as market halts losses
By Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) halted the losses that had characterized the bourse in the last trading days. The All Share Index closed the day a marginal 0.03 points in the positive, with the Top 10 Index putting on 0.035 points. The Mining Index closed the day flat with no trades in the sector.
Turnover was decent at $3.1 mln
Insurers Fidelity and Old Mutual contribute to February’s highest turnover
By Insurance24
HARARE, Insurer, Fidelity Life Assurance gained 1.60c in today’s session of the Zimbabwe Stock Exchange (ZSE) to close at 9.60c. Together with Old Mutual, the two insurers are the only counters in the insurance sector that were in action today. OM traded flat 5.30c.
Fidelity appointed Rueben Java as Group
Zimre Holdings block trade fails to inspire mainstream index
By Insurance24
HARARE, Diversified insurance group Zimre Holdings block trade of 4,677 mln shares failed to inspire trading on Monday which saw the mainstream index closing 0.47% lower at 299.78 points.
Trading on the Zimbabwe Stock Exchange (ZSE) opened the week on a relatively quite note with activity limited only to nine counters. At
Masiyiwa’s return inspires Econet, as only Old Mutual trade for insurers
By Insurance24
HARARE, The Zimbabwe Stock Exchange (ZSE) closed the on a rather quiet session where activity was limited to only 13 counters. Big trades in BATZ, Old Mutual and a block trade in Econet carried the day.
Econet saw a total 2,708,915 shares exchanging ownership at 70c, after gain 0.25c from previous trading price.
ZSE closes in red despite good trade values, but most insurers miss in action
Insurance24
HARARE, Trading on the Zimbabwe Stock Exchange (ZSE) was solid with good trade values across the counters, as a result, turnover edged up to close at $4.5mln buoyed by block trades in BATZ, Econet, Hippo, OM and Seedco.
Econet was the largest trader of the with a total 2,302,249 shares exchanging hands. Econet’s