Industrials extend losses

Industrials extend losses
Published: 12 July 2016
The local equities market was again dragged down by the mainstream industrial index which shed 0.35 to close at 101.39.

This was on the back of the majority of counters that traded today playing in negative territory. Giant cigarette manufacturer BAT slid by $0,0500 to trade at $12,1500, while NatFoods lost $0,0490 to settle at $2,0500 and CBZ decreased by $0,0040 to $0.1050.

Heavyweight Delta was $0,0026 weaker at $0,6975. On the upside, seed producer SeedCo was the only counter to trade, gaining $0,0041 increase to trade at $0,5687.Trading unchanged was Axia Corporation, telecoms giant Econet and Simbisa at $0,0300, $0,2100 and $0,1300 respectively.

The mining index was again unchanged at 24.70 as Bindura, Falgold, Hwange and RioZim remained unchanged on previous price levels at $0,0100, $0,0055, $0,0300 and $0,1700 in that order.
- BH24
Tags: ZSE,


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