Market Commentary 25 January 2018

Market Commentary 25 January 2018
Published: 25 January 2018
Market Turnover $1,662,814.69 with foreign buys at $903,262.51 and foreign sales were $332,621.96. Total trades were 53.

The All Share Index rebounded by 0.27 points (0.30%) to close at 91.47 points. MEIKLES (MEIK.zw) gained a significant $0.0350 to close at $0.3500, DELTA (DLTA.zw) improved by $0.0323 to end at $1.6511 while PPC (PPC.zw) was up by $0.0014 to settle at $0.8014. INNSCOR (INN.zw) added $0.0006 to $0.8031, AXIA (AXIA.zw)  rose by $0.0004 to $0.1805 whilst ECONET (ECO.zw) inched up by $0.0001 to close at $0.7001.

However, BRITISH AMERICAN TOBACCO (BAT.zw) went down by a hefty $1.0492 to end at $28.9500, SEEDCO (SEED.zw) eased $0.0047 to close at $2.0053 while PADENGA (PHL.zw) came off $0.0013 to $0.4787. BARCLAYS (BARC.zw) went down by a marginal $0.0001 to settle at $0.0450.


- zse
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