Markets ● 1 week ago
Mixed Fortunes In NMB's HY-21 & What Lies Ahead

ZSE-listed financial services firm NMB Bank performed well in the six-months ended 30 June 2021, as net-income grew 105% to settle at ZWL 716.2m from ZWL 348.8 million recorded in the previous comparative period. The remaining six-month period of the year however remains cloudy, with internal uncertainties stemming from the Bank's tech investments. Fee & Commission Income ↑ 128% FX Gains ↑ 74%...


Stock Market ● 3 weeks ago
ZSE opens new month in the red as Zeco awakens

The ZSE sustained bearish momentum into the new month of September as Zeco made its first trade in over 5 months, which is the 2nd transaction in over 2 years. 200 shares exchanged hands in the counter, valued at a total of ZW$0.12. The mainstream All Share Index slumped by -0.96% in the session to close at a 6-week low of 6588.74 points. The month of August saw the ZSE succumb to a loss of -2...

Markets ● 1 month ago
NTS Volume-Driven Growth Overcomes Macro Hurdles

A Trading Update for the 3-months ended June 2021 showed significant volume growth across business units and a promising outlook going forward. New Tyres ↑ 163% Tubes ↑ 160% Services ↑ 216% Compared to the previous year’s opening quarter, New Tyre volumes rose by 162%. The Company says the growth was supported by good inventory management that maintained adequate stock as well as focused m...

Markets ● 1 month ago
Lockdown Blues Recovery Spurs Meikles Volume Growth

Meikles' performance generally improved in the 3-months ended June 2021, supported by volumes growth, favourable price discovery and less restrictive lockdown measures compared to the previous year. Inflation-adjusted revenue ↑ 21% Supermarket sales ↑ 21% Hotel occupancy ↓ 11% For continuing operations, inflation-adjusted revenue for the Group rose 21% from the prior year’s first quarter....

Stock Market ● 1 month ago
Stock market poised to record the worst monthly performance in 9 months

The local stocks market closed in the red in Thursday session following an extended profit-taking spree that ensued in early week trades. The mainstream All Share Index shed off a further -0.79% to close at a 2-week low of 6848.48 points, trimming monthly gains to 0.4%, the lowest in 9 months. Losses were skewed towards market heavies as small caps recorded a partial recovery of 2.1% along wit...


Stock Market ● 1 month ago
Market comes off on profit taking

The ZSE succumbed to profit-taking sell-offs in Tuesday session, extending prior session losses to close at a 2-week low of 6968.83 points. The mainstream All Share Index shed off -1.11% in the session, the worst performance in 5 day. The loss trimmed month-to-date gains to a low of 2.2%. The market had rallied by 4% in the 2-weeks to Friday in the prior week. Today’s losses were spun across...


Markets ● 1 month ago
OK FY22Q1 Volumes Up, Lockdown Extension Potential Performance Hinderance Going Forward

In the 3 months ended June 30th 2021, local retail Group OK Zimbabwe recorded topline growth in the quarter and sales volume improvements at OK, Bon Marché, OK Mart and Money Wave. Performance in the period was positive despite operating under reduced trading hours due to a surge in Covid-19 infections. Sales up 48% Trading hours down 47% Revenue up 49% Sales in the period were partly driv...

Markets ● 2 months ago
Simbisa Taps Into Zim Remittance Basket

Simbisa Brands has partnered-up with local voucher service system platform Wa-Faya to launch a credit voucher system that taps into Zimbabwe’s 2nd largest forex inflow source – remittances. With vouchers redeemable at all Simbisa outlets nationwide, people abroad can now directly buy Simbisa goods online for collection by anyone in Zimbabwe. A-Faya’s system is integrated with payment platforms su...

Stock Market ● 2 months ago
Stocks plunge as COVID-19 deaths and hospitalizations in Zim reach all time high

Selloffs persisted in the second trading session of the week as COVID-19 deaths and hospitalisation levels reach an all-time high in the month of July, since the outbreak of the virus early in 2020. The government is not expected to tighten lockdown measures but limited movement under the current measures may drag commerce and slowdown economic recovery. The mainstream, All Share Index, shed -...

Stock Market ● 2 months ago
ZSE opens the week in losses along with global shares

The ZSE opened the week in reds, extending prior session loss. The breather came after record breaking momentum last week which saw the bourse achieving record high levels in 3 straight sessions. Today’s losses were spread across all the main market indices. The ZSE All Share Index parred by a marginal -0.15% to close at 6534.96 points, the 3rd all-time highest point. The bourse is on the cou...


Symbol
Last Price
Change
% Change
1,495.59
+ 195.59
+ 15.05
NMBZ Holdings Limited
4,901.45
+ 411.65
+ 9.17
Simbisa Brands Limited
1,774.97
+ 131.98
+ 8.03
OK Zimbabwe Limited
10,519.55
+ 719.63
+ 7.34
Meikles Limited
8,007.98
+ 506.15
+ 6.75
Seed Co Limited
Symbol
Last Price
Change
% Change
62,800.00
-1.00
0.00
National Foods Holdings Limited
21.00
-0.14
-0.66
Medtech Holdings Limited
182.84
-2.12
-1.15
General Beltings Holdings Limited
800.00
-16.67
-2.04
National Tyre Services Limited
1,150.76
-49.24
-4.10
Nampak Zimbabwe Limited
Symbol
Last Price
Change
% Change
1,150.76
-49.24
-4.10
Nampak Zimbabwe Limited
330.17
+ 0.17
+ 0.05
Zimre Holdings Limited
12,747.51
+ 647.51
+ 5.35
Innscor Africa Limited
1,528.17
+ 14.42
+ 0.95
Zimplow Holdings Limited
2,300.42
+ 13.08
+ 0.57
Cassava SmarTech Zimbabwe
Sep 22, 2021
ZIMW.zw Cautionary Statement
1,528.17 14.42 | 0.95%
Sep 21, 2021
Sep 20, 2021
TSL.zw Q3 2021 Trading Update
5,000.00 300.00 | 6.38%
Sep 20, 2021
Sep 17, 2021
ZBFH 2021 HY Results & Audit Review
8,000.00 0.00 | 0.00%