Market Commentary 11 January 2018

Market Commentary 11 January 2018
Published: 11 January 2018
The trading session which was marked by 61 trades saw a turnover of $1.04 million being realised from the trade of 2,990,406 shares. Market capitalisation closed at $9.14 billion with foreign buyers dominating at $483,000 as foreign sales closed at $141,000.

The All Share Index lost 0.37 points (0.38%) to settle at 96.57 points as trading was dominated with losers. DAIRIBOARD (DZL.zw) decreased by $0.0240 to close at $0.1100, SIMBISA (SIM.zw) shed $0.0222 to $0.4342 while BINDURA (BIND.zw) eased $0.0096 to end at $0.0456. PPC (PPC.zw) went down by $0.0050 to trade at $0.8650, ECONET (ECO.zw) came off $0.0013 to close at $0.8900 whilst NICOZ DIAMOND (NICZ.zw) was $0.0012 weaker at $0.0385.
 
Three counters gained ground as OLD MUTUAL (OML.zw) added $0.0095 to close at $4.8176 while AXIA (AXIA.zw) and DELTA (DLTA.zw) each put on $0.0001 to trade at $0.1801 and $1.5551 respectively.

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