Market Commentary 18 July 2017

Market Commentary 18 July 2017
Published: 19 July 2017
INDUSTRIALS
The Industrial Index retreated by 0.65 points (0.33%) to close at 197.90 points. Losses were seen in the seed producer SEEDCO (SEED.zw) which dropped $0.0825 to close at $1.2525 and MEIKLES (MEIK.zw) eased $0.0205 to close at $0.1800. CBZ (CBZ.zw), DELTA (DLTA.zw) and INNSCOR (INN.zw) traded unchanged at $0.1000, $1.2725 and $0.7225 respectively.

The losses were partially offset by gains in PROPLASTICS (PROL.zw) which was up by $0.0040 to trade at $0.0550, PADENGA (PHL.zw) added $0.0020 to settle at $0.2740 and OK ZIMBABWE (OKZ.zw) was $0.0015 solid at $0.1000. Other gains were in ECONET (ECO.zw) which inched up by $0.0010 to $0.3700 and TRUWORTHS (TRUW.zw) went up by a marginal $0.0002 to close at $0.0102.

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. 
- zse
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