Zimbabwe stock market plunges after Mugabe victory

World News
05-08-2013 | 04:59
High views
Share
LBCI
Share
LBCI
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
Zimbabwe stock market plunges after Mugabe victory
Whatsapp
facebook
Twitter
Messenger
telegram
telegram
print
0min
Zimbabwe stock market plunges after Mugabe victory

Zimbabwe's main stock market index fell 11 percent on Monday in its first trading day since official results confirmed President Robert Mugabe would extend his 33 years in power after trouncing Prime Minister Morgan Tsvangirai, who is contesting the outcome.

The industrial index fell to 205.57 points in the mid-morning session, with all the top-ten shares save for the local unit of insurance giant Old Mutual trading in the red.

The bourse's biggest company, Delta Corporation, the local unit of global brewer SAB Miller, crashed 20 percent to $1.20 a share.

 
REUTERS

Subscribe to our VOD
SUBSCRIBE
Our visitors readings
d-none hideMe
LBCI
Lebanon Economy
2026-03-13

Lebanon's fuel prices rise

LBCI
Middle East News
2026-08-14

Israel calls for police to replace military in handling West Bank settlers

LBCI
Lebanon News
2026-08-12

PM Salam: Israel’s actions in southern Lebanon violate international law

LBCI
Middle East News
2026-03-17

Israeli media say strike targeted Iran's Larijani, fate unclear

Videos
d-none hideMe
LBCI
Lebanon News
2026-08-06

Lebanon-Israel talks: delegations arrive at US Embassy in Rome — Video

LBCI
Lebanon News
2026-07-24

Residents begin returning to Zawtar el-Gharbiyeh, southern Lebanon: Video

LBCI
Lebanon News
2026-07-20

Slotkin to LBCI: Lebanese army needs resources to confront Hezbollah, $36 million request submitted for special forces

LBCI
Lebanon News
2026-06-26

Lebanon’s ambassador to Washington: trilateral framework agreement first step toward restoring sovereignty

LBCI
Lebanon News
2026-06-26

Rubio on Lebanon-Israel framework agreement: 'beginning of the beginning,' more work needed

LBCI
Lebanon News
2026-06-26

Lebanon, Israel sign trilateral framework agreement after Washington talks attended by Rubio: Video

LBCI
Lebanon News
2026-06-20

Israeli strikes renew on Choukine, Maifadoun, and Nabatieh al-Fawqa in southern Lebanon: Video

LBCI
Lebanon News
2026-06-19

Massive Israeli strikes hit South Lebanon under ceasefire conditions

LBCI
Lebanon News
2026-06-16

Trump criticizes Israel’s Lebanon campaign, says war has gone on ‘too long’ and floats Syria role in conflict

Most read
d-none hideMe
24 hours
7 days
Month
LBCI
News Bulletin Reports
13:15

Deadly dawn in south Lebanon: 11 killed in Israeli strikes on Ansar and Deir el-Zahrani

LBCI
Middle East News
11:48

Israel wants 'more serious' talks with Lebanon: AFP

LBCI
Lebanon News
08:50

Hezbollah blames Netanyahu for escalation after strikes kill 11 in south Lebanon

LBCI
Lebanon News
11:39

Israel says Lebanon strike targeted Hezbollah commander

LBCI
Lebanon News
07:48

Major wildfire breaks out in Aitou forest in northern Lebanon: Video

LBCI
Lebanon News
08:11

Israel says Lebanon strikes a response to Hezbollah ceasefire violation

LBCI
Lebanon News
09:37

Health Ministry: 11 killed, 19 wounded in Israeli strikes on Deir el-Zahrani and Ansar

LBCI
Lebanon News
10:55

Netanyahu’s office says Hezbollah attack wounded three Israeli soldiers

Download now the LBCI mobile app
To see the latest news, the latest daily programs in Lebanon and the world
Google Play
App Store
Download now the LBCI mobile app
We use
cookies
We use cookies to make
your experience on this
website better.
Accept
Learn More