Market Commentary 14 July 2017

Market Commentary 14 July 2017
Published: 14 July 2017
INDUSTRIALS
The Industrial Index gained 0.36 points (0.18%) to close the week at 198.41 points as two counters gained ground. HIPPO (HIPO.zw) added $0.0250 to close at $0.8500 while  AXIA (AXIA.zw) put on $0.0100 to trade at $0.1200.

No counter traded in the negative. Heavyweights DELTA (DLTA.zw), INNSCOR (INN.zw), OLD MUTUAL (OML.zw) and SEEDCO (SEED.zw) traded unchanged at $1.2725, $0.7225, $3.9300 and $1.3400 in that sequence.

Week on week Industrial index gained 0.48 points (0.24%).

MININGS
The Mining index was unchanged at 69.19 points.  BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw)  and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0290, $0.0100, $0.0250 and $0.5525 respectively.

Week on week Mining index eased 0.79 points (1.13%).
- zse
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