Markets

3 years ago | April 9, 2021

Stock Market Weekly Review

After last week’s attempt to rally towards previous record levels, the Zimbabwe Stock Exchange’s market capitalisation ...

London hits pre-Covid peak

World stocks mostly rose on Thursday, with London striking its highest level since before the pandemic.

India’s equity mutual funds show first inflows after eight months

India’s equity mutual funds recorded inflows in March after eight months of outflows, industry data showed on Thursday, ...

Unit Trusts Funds outpaces ZSE, all share index, inflation

The latest edition of the GroWealth Unit Trusts Performance Survey shows that most Unit Trust Funds outpaced the ...

3 years ago | April 2, 2021

PPC’s planned equity raise under review, pushed out six months

The planned equity capital raise of at least US$50.30 million by JSE-listed cement and lime producer PPC to degear the ...

Stock Market Weekly Review

The Zimbabwe Stock Exchange had its best closing month in more than a year after its market capitalisation closed at ...

3 years ago | March 26, 2021

European stocks fall again as Covid-19 crisis festers

Europe’s two biggest economies, Germany and France, have been forced along with other countries to impose new ...

Oil prices slump on renewed lockdowns

Oil prices slumped Tuesday on lower demand prospects.

US value, cyclical stocks remain favoured

US value and cyclical stocks continue to be strategists’ favourite pick on multiple supportive factors while expected ...

US$1,9t stimulus a major win for Biden

The US$1,9-trillion dollar economic stimulus plan is viewed as the first legislative victory for Democratic President ...

3 years ago | March 19, 2021

Stock Market Weekly Review

A bearish sentiment prevailed on the Zimbabwe Stock Exchange resulting in investors losing a$47 billion in a week.

Market drawdowns explained

In July last year, we looked at South African equity returns since 1925. We placed the current equity market drawdown in ...

Asian markets rally on Fed growth, rate outlook

Equities rallied in Asia yesterday after the Federal Reserve ramped up its outlook for the US economy but reiterated its ...

3 years ago | March 15, 2021

JUST IN: Govt extends suspension of fungibility of Old Mutual and ...

Finance and Economic Development Minister Professor Mthuli Ncube, has extended the suspension of financial services ...

3 years ago | March 5, 2021

Why some firms are switching to bitcoin

Ross Stevens, CEO of Stone Ridge and executive chair of New York Digital Investment Group, was an early corporate ...

Ethiopia: The challenges of liberalising the economy

When it comes to liberalising Ethiopia’s economy, if the government moves too fast, it risks losing the support of local ...

3 years ago | February 26, 2021

Stock Market Weekly Review

Enacy Mapakame Firm demand helped the Zimbabwe Stock Exchange (ZSE) swung back to the black resulting on all key indices ...

SA budget signals need for greater competitiveness

The 2021 budget delivered by Finance Minister Tito Mboweni shows clearly that the penny has dropped in terms of the ...

Covid-19 billionaire fortunes fading with vaccine rollout

In the health-care industry, the coronavirus pandemic led to big fortunes, fast. Now some of them are evaporating just ...

RBZ vs bankers: Field of accusations

 Taking Stock Kudzanai Sharara Following the 2008 Financial Crisis that was characterised by a monumental collapse of ...