ZIM stock price jumps 5.67% on trade negotiation progress, company reports increased net income.

From Yahoo Finance: 2025-06-14 09:08:00

ZIM Integrated Shipping Services Ltd. (ZIM) saw a 5.67% jump in its stock price on Friday, closing at $17.51 per share. The positive momentum was driven by developments in US-China trade negotiations. The company, one of the top 20 global shipping firms, stands to benefit from the progress in trade talks. Despite a challenging first quarter, ZIM reported a 227% increase in net income to $295.3 million, with total revenues rising by 28.8% to $2.01 billion. While ZIM shows promise, some AI stocks may offer higher returns with less risk. Explore more on the best AI stocks to buy now.



Read more at Yahoo Finance: ZIM Integrated (ZIM) Jumps as Geopolitical Tensions Expected to Benefit Operations