Market Commentary 21 September 2017

Market Commentary 21 September 2017
Published: 21 September 2017
INDUSTRIALS
The Industrial Index shed 2.71 points (0.74%) to settle at 364.42 points in mixed trading. SEEDCO (SEED.zw) came off $0.0603 to end at $2.3447, PADENGA (PHL.zw)  eased $0.0454 to close at $0.8046 while INNSCOR (INN.zw) dropped $0.0255 to $1.4496. DAIRIBOARD (DZLH.zw) was down $0.0250 to close at $0.1250 and FIRST MUTUAL HOLDINGS (FML.zw) was $0.0205 lower at $0.0950.

Trading in the positive; BRITISH AMERICAN TOBACCO (BAT.zw) put on $0.9350 to end at $22.9350 and OLD MUTUAL (OML.zw) added $0.0980 to $7.8094.  PPC (PPC.zw) advanced by $0.00625 to close at $0.9000,  COLCOM (COLC.zw) shifted up $0.0125 to trade at $0.6150 while DAWN PROPERTIES (DAWN.zw) closed at $0.0230 following a $0.0018 increase.
 
MININGS
The Mining index added 0.05 points (0.05%) to settle at 98.74 points after BINDURA (BIND.zw) was marginally up by $0.0001 to close at $0.0395. FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at $0.0200, $0.0374 and $0.8000 respectively. 

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