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HARARE – The stock market was near flat for the second day running as trading remained mixed. Turnover was about 25% lower to $61.25 million although activity levels were much higher at 490. Delta led the turnover contributions at $16.86 million while General Beltings brought in the least value at $120. Foreigners continued to sell their holdings in heavyweight counters at $26.08 million against purchases of $5.87 million. Meanwhile, the Ministry of Finance said public service funds under management have grown to $3.7 billion since last year. The funds are under the management of eight asse...

HARARE – Foreigners continued to sell out of the Zimbabwe Stock Exchange dominating turnover at the close of trades on Wednesday. Foreign sales were at $45.26 million out of the $85.62 million recorded turnover as investors took advantage of the liquidity in the market currently to sell their holdings in the country. Innscor led the total turnover contributions at $16.2 million. Of that amount, $11.8 million were foreign sales. Total trades were lower at 294 in mixed trading which resulted in the same number of risers and fallers. On wider market performance, the All-Share Index put on 0.4...

A sign sits on the wall of the Zimbabwe Stock Exchange in Harare, Zimbabwe on Tuesday, July 31, 2018. Zimbabwe’s main opposition party said it was well ahead in the first election of the post-Robert Mugabe era and it’s ready to form the next government, as unofficial results began streaming in. Photographer: Waldo Swiegers/Bloomberg , Bloomberg HARARE – Banking stocks were out of favour on Wednesday but the ZSE managed to eke out a small gain. NMB Zimbabwe which will see increased transactional activity through its partnership with Zinara, saw a tough trading day as it slipped 10.67% to...