• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Markets

Bullish sentiment prevails on Zimbabwe Stock Exchange

5 years ago
in Markets
1 min read
0 0
0
Zimbabwe Stock Exchange - norvanreports

Zimbabwe Stock Exchange - norvanreports

67
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Thirty-three bulls charged against six bears on the ZSE in week the opening session to register a wide positive market breadth.

Firming demand on the bourse helped push the Indices higher with the primary All Share adding a further 11.05% to 3,521.68pts while, the segregated Industrials ticking up 11.18% to settle at $11,797.41pts.

The ZSE Top Ten Index was 10.92% firmer at 2246.11pts while, the less active Minings added 3.85% to 4096.35pts. Headlining the winners of the day was a quartet of Hippo, Unifreight, Getbucks and FMP which surged a similar 20% to end at respective of $120.0000, $0.3200, $0.2160 and $4.8000. 

Seedco Limited put on 19.89% to $40.3000 to complete the top five risers. Notable gains were also seen in Delta (+18.18), Econet (+19.72%), Cassava (+19.03), Innscor (19.51%), Padenga (19.25%), Simbisa (19.84%), Axia (11.88%) and Cafca(12.50%).

Activity aggregates improved in the session as volumes traded enhanced 147.87 to 15.72m shares while, turnover rose 98.80% to $131.52m. The volume aggregate was anchored by Bindura (27.97%), Star Africa (24.24% and Medtech (20.36%).

Value drivers of the day were Delta, Padenga and Bindura which contributed a combined 59.89%. Foreign purchases dipped 84.74% to a mere $0.40m while, sales improved 1047.86% to $53.67m. Local purchases accounted for 99.70% of turnover while, sales claimed 59.19% of the same.

Partially mitigating today’s gains were losses led by Dawn properties which eased 10.85% to $0.4903 while, RTG was 9.26% down at $1.7000 where demand could be found. Medtech shed 6.27% to $0.0703 with Star Africa sliding 2.13% to close at $0.2936.

RelatedPosts

GSE Composite Index Extends Rally as Market Capitalisation Hits GH¢165.99bn

OPEC+ Approves Modest Oil Output Increase For November

BoG Gold Coin Prices Rise in Line With Stronger Global Bullion Market

Banking group ZB was 0.05% lower at $39.9796, albeit closing bid at $40.0000.

Tags: Bullish sentimentZimbabwe Stock Exchange
No Result
View All Result

Highlights

Value or Illusion? Questioning the DStv “Increased Value Offer”

Inflation is Falling, But the Relief isn’t Uniform

Poultry Programme: Production and Processing Must Grow Hand-in-Hand

CAF Declares $9.48 Million Profit as Financial Turnaround Under Dr. Patrice Motsepe Gains Momentum

Bank of Ghana Sells GH¢4.91bn in 56-Day Bills at 21.48% Yield

IMF Says Good Policies and “Good Luck” Helped Emerging Economies Better Resist Shocks

Trending

Features

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale

October 7, 2025

Barrick Exits Ivory Coast With $305 Million Tongon Mine Sale Barrick Mining announced that it has agreed...

Sub-Saharan Africa’s Growth to Accelerate to 3.8% in 2025 Amid Inflation Easing – World Bank

October 7, 2025

Sub-Saharan Africa Maintains Resilient Growth but Faces Urgent Jobs Challenge

October 7, 2025

Value or Illusion? Questioning the DStv “Increased Value Offer”

October 7, 2025

Inflation is Falling, But the Relief isn’t Uniform

October 7, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.