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ZAGREB, March 25 (Croatia Sun News) – The main Zagreb Stock Exchange (ZSE) indices rose on Wednesday for the second day in a row, keeping up with the global stock market, where profits were made following new monetary and fiscal measures aimed at remedying the economic consequences of the coronavirus pandemic.

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The markets can’t seem to catch a break, with the Dow dropping below 20,000 points for the first time since 2017 as the coronavirus crisis continues to fuel a massive stock selloff despite governments across the world scrambling to inject some relief into the global economy.

Oil prices haven’t been spared as they also feeling the sting, with WTI falling to $23.27 and Brent falling to $27.82. W…

In a move meant to stabilize jittery markets, the Federal Reserve cut its rates to near zero over worries about the economic fallout from the global response to the novel coronavirus pandemic, all of the major share indexes around the globe posted major losses.

For the third time in the past two weeks, the Dow hit its emergency circuit breaker as the market opened; the S&P also halted trades.

Falcon Gold suspended from the ZSE

STRUGGLING gold mining concern, Falcon Gold Zimbabwe Limited (Falgold), has again been suspended from the Zimbabwe Stock Exchange after it failed to publish its financial results for the year ended September 30, 2019.

In February last year, Falgold was suspended by the local bourse after it failed to publish its audited financial results for the year ended September 30, 2018.

The…

Markets are trading on fear as the coronavirus panic takes hold

Stocks slumped on Thursday as investors braced for the novel coronavirus to escalate into a pandemic and hammer global growth.

With the World Health Organization on Wednesday warning that the number of new cases reported outside China had exceeded the number of new cases in China for the first time, stoking fears of a global health crisis.

The Zimbawe Stock Exchange has not been spared at…

ZSE to host regional CoSSE meeting

THE Zimbabwe Stock Exchange (ZSE) will this March host regional stock exchanges and brokers to discuss, among other things, the development and promotion of efficient and transparent securities markets.

The meeting will be hosted under the 57th Committee of the SADC Stock Exchanges (CoSSE) meeting and a stockbroker’s networking session from March 11 to 13, 2020.

The main objective of CoSSE…