Page 23 - Padenga News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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...

The Zimbabwe Independent Piggy’s Trading & Investing Tips:Batanai Matsika THE attraction of Ponzi schemes never ends as this has been confirmed by reports last year that police have been searching for the directors of KWD Digital Marketing, a company running a suspected Ponzi scheme in Harare. Scores of gullible participants of the scheme were reported to have been flocking to 147 Freedom Legacy Way to deposit up to US$10 000 each after being promised that they would receive twice as much back after four weeks. Detectives, alongside the Reserve Bank of Zimbabwe (RBZ), lau...

HARARE – Stocks ended the shortened week higher ahead of the Christmas break buoyed by gains in select heavyweights as CBZ Holdings continued to sustain turnover. Activity levels were improved with a trade count of 347. Turnover was at $92.1 million led by CBZ’s $50 million contribution. Ariston led on volume at 924 600 from a total 5.3 million shares. Foreign sales were at $23.62 million against buys of $5.27 million. BAT Zimbabwe led the risers gaining 19.79% to 40 000c taking its market capitalisation to $8.25 billion. OK Zimbabwe added 5.34% to 783.69c and Padenga Holdings put on 5.15...

TATIRA ZWINOIRA The ZSE Top-10 Index represents the top counters by market capitalisation on the main bourse. “This prospectus relates to information to prospective investors of the establishment of an Exchange Traded Fund by Old Mutual Investment Group Zimbabwe (Private) Limited, whose objective is to give returns that track the Zimbabwe Stock Exchange Top-Ten Index,” reads part of the prospectus. “Prospective purchasers of any exchange traded funds should ensure that they understand fully the nature of the exchange traded fund and the extent of their exposure to risks and that they co...

The Zimbabwe Independent December 11, 2020 OLD Mutual Zimbabwe (OMZ) has released a prospectus for its “Old Mutual Zimbabwe Stock Exchange Top-Ten Exchange Traded Fund Trust”, which tracks the performance of the Zimbabwe Stock Exchange (ZSE) Top-10 Index. TATIRA ZWINOIRA The ZSE Top-10 Index represents the top counters by market capitalisation on the main bourse. “This prospectus relates to information to prospective investors of the establishment of an Exchange Traded Fund by Old Mutual Investment Group Zimbabwe (Private) Limited, whose objective is to give returns that...