Published: 17 February 2014

Gains in Delta, which accounts for 31.22% of the mainstream index, helped the Industrials Index scratch out gains in quiet Monday trades.

There were just 2 counters to trade in the positive with Delta adding 0.99c or 0.80% to 124c while CBZ closed a modest 0.01c up at 15.01c ahead of the release of its December finals next week.

Other heavyweights, Econet, Innscor and OK Zimbabwe traded unchanged at 62c, 76c and 19.5c respectively. The Industrials Index recovered 0.21 points or 0.11% to 189.20 buts remains 6.39% down this year to date. The Minings Index was stable at 33.61 points as Bindura traded unchanged at 1.3c.

Daily market turnover slightly improved to $543 739 million on a volume of 1.626 million compared with last Friday's $442 583 on a volume of 3.714 million shares.

Cafca led the top fallers on the day, shedding 4c or 13.33% to 26c while ZPI eased 0.05c or 5% to 0.95c. FML dropped 0.5c or 4.76% to 10c while African Sun traded 0.1c or 3.85% weaker at 2.5c.

Dual listed Old Mutual eased a marginal 0.1c or 0.04% to 242c while TSL dropped 0.01c or 0.03% to 36c ahead of the opening of tobacco auction floors on Wednesday.

Ariston closed 0.4c buyers and 0.7c sellers only after CE Paul Spear told an AGM on Friday that the firm will focus on a successful harvesting and sale of the substantially increased major produces.

The Datvest All Share Index also recovered 0.17 points or 0.14% to 127.52 while the FBC ZSE-10 Index was 0.39 points or 0.29% better at 135.16 all driven by Delta's 0.80% rise. 
- zfn

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