Market Commentary 16 February 2018

Market Commentary 16 February 2018
Published: 16 February 2018
Market capitalization closed the trading session at $8.46 billion with turnover standing at $4.21 million. Foreign sales dominated at $1.92 million with buys at $1.76 million, in a trading session which saw 113 trades coming through.

The All Share index closed the week in the positive territory as activity continue to rise across the board. INNSCOR (INN.zw) added $0.0233 to close at $0.9000, PPC (PPC.zw) gained $0.0025 to close at $0.8525 while ECONET (ECO.zw) was $0.0023 higher at $0.6923. OK ZIMBABWE (OKZ.zw) went up by $0.0010 to $0.1660 while AFRISUN (ASUN.zw) inched up $0.0003 to end at $0.0365.
 
Only two counters lost ground as DELTA (DLTA.zw) dropped by $0.0073 to trade at $1.6127 and NATIONAL FOODS (NTFD.zw) was $0.0002 lower at $5.4000.

WEEK ON WEEK CHANGES

All Share Index slipped 1.19 points (1.32%).
Industrial Index eased 4.04 points (1.34%).
Top 10 Index came off 1.44 points (1.61%).
Mining Index was unchanged.

- zse
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