In separate interviews the stockbrokers said taking a cue from the international markets this week could be "poised to remain much in the similar trend to the just ended one".
The past week had been topsy-turvy due to the international crisis, especially the turmoil in London.
"The softening prices on the ZSE are, however, likely to generate excitement in some investors with the aim of swooping on bargains while the market is low,” a stockbroker said.
"The corporate calendar gets busier this week with Annual General Meetings (AGMs) while the reporting season looks set to hit top gear next week and with it we remain optimistic that the market will enjoy some improved trades buoyed by the results."
Some of the AGMs lined up for this week include those of major tyre producer National Tyre Services Limited (NTS) on August 23, AICO Limited on August 31, financial entity Interfin Financial Holdings Limited (Interfin) also on August 31 and mining firm falcon Gold Limited (Falgold0 to be held in Bulawayo on September 8.
The ZSE Chief Executive, Emmanuel Munyukwi, last week confirmed that his website had been hacked into and was "closed to the public" until the situation was rectified.
Post published in: Business

