Market Commentary 10 January 2018

Market Commentary 10 January 2018
Published: 10 January 2018
The Zimbabwe Stock Exchange's market capitalisation was slightly down to $9.17 billion on Wednesday as select bluechips' share prices marginally eased. The All Share Index shed 0.62 points (0.64%) to settle at 96.94 points. HIPPO VALLEY (HIPO.zw) dropped $0.0600 to close at $1.7000, INNSCOR (INN.zw) eased $0.0400 to $0.9500 while FIDELITY LIFE (FIDL.zw) lost $0.0215 to end at $0.0885. CBZ HOLDINGS (CBZ.zw) went down by $0.0205 to trade at $0.1000 and ECONET (ECO.zw) was $0.0087 weaker at $0.8913.
 
OLD MUTUAL (OML.zw) put on $0.0081 to close at $4.8081, DELTA (DLTA.zw) shifted up $0.0025 to $1.5550 while PADENGA (PHL.zw) added $0.0015 to settle at $0.5500. MEIKLES (MEIK.zw) rose by $0.0012 to end at $0.2997.

Turnover was down to $1.16 billion in a trading session which saw 59 trades coming through. Foreign buys closed the day at $961,000 with sales at $149,000.

- zse
Tags: ZSE,

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