Market Commentary 15 September 2017

Market Commentary 15 September 2017
Published: 15 September 2017
INDUSTRIALS
The Industrial Index closed the week on a higher note recording a key milestone passing the 400 point mark after gaining 20.08 points (5.28%) to close at 400.03 points. DELTA (DLTA.zw) increased by $0.2915 to $2.9571 , AFDIS (AFDS.zw) gained $0.1556 to trade at $1.5000. INNSCOR (INN.zw) was up by $0.1276 to close at $1.5268, OLD MUTUAL (OML.zw) shifted up $0.0924 to settle at $6.7224 whilst SEEDCO (SEED.zw) closed at $2.3975 after a $0.0750 gain.

Five counters lost ground; FIDELITY LIFE (FIDL.zw) shed $0.0230 to close at $0.1375, CFI (CFI.zw) was down $0.0138 to $0.6362 , PROPLASTICS (PROL.zw) lost $0.0044 to trade at $0.0750 , AXIA (AXIA.zw) was marginally down by $0.0012 to close at $0.3188  while  STARAFRICACORPORATION (SACL.zw) was $0.0008 weaker at $0.0242.

Week on week Industrial index gained a significant 113.40 points (39.56%).

MININGS
The Mining index gained 6.81 points (8.04%) to close at 91.46 points after RIOZIM (RIOZ.zw)  moved up $0.0500 to end at $0.7300. HWANGE (HCCL.zw) increased by $0.0052 to $0.0312 while BINDURA (BIND.zw) gained $0.0030 to $0.0380. FALGOLD (FALG.zw) remained unchanged at $0.0200.

Week on week Mining index advanced by 9.26 points (11.27%).
- zse
Tags: ZSE,

Comments

Latest News

Latest Published Reports

Latest jobs