Market Commentary 16 August 2017

Market Commentary 16 August 2017
Published: 16 August 2017
INDUSTRIALS
The Industrial Index opened the week firmer at 211.19 points after putting on 0.58 points (0.28%). NAMPAK (NPKZ.zw) traded $0.0080 higher at $0.0780, SEEDCO (SEED.zw) added $0.0074 to close at $1.4960  and DELTA (DLTA.zw) increased by $0.0071 to trade at $1.2896. Other gains were in DAIRIBORD (DZL.zw) and ZB FINANCIAL HOLDINGS (ZBFH.zw) which rose by $0.0050 each to close at $0.0800 and $0.1650 respectively.

Three counters lost ground; PPC (PPC.zw) shed $0.0600 to $0.6500,  MEIKLES (MEIK.zw) dropped $0.0195 to settle at $0.2005 and CFI HOLDINGS (CFI.zw) slipped $0.0125 to close at $0.5975.  

MININGS
The Mining index was unchanged at 74.04 points.  BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0299, $0.0120, $0.0260 and $0.6025 respectively.  
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