Market Commentary 12 March 2018

Market Commentary 12 March 2018
Published: 12 March 2018
The Zimbabwe Stock Exchange recorded thin trades across the counters on Monday, although marginal gains were seen in key indices. Market capitalization closed at $8.23 billion in a trading session which saw 27 trades coming through. Turnover also closed at $619,625. Foreign buys stood at $384,399 with sales at $135,576.

The All Share index rebounded 0.18 points (0.21%) to settle at 86.43 points. BRITISH AMERICAN TOBACCO (BAT.zw) went up by $0.2500 to close at $20.0000, ECONET (ECO.zw) added $0.0100 to end at $0.6800 whilst AXIA (AXI.zw) rose by $0.0050 to $0.1800.

FIRST MUTUAL HOLDINGS (FML.zw) was the only counter in the negative losing $0.0095 to close at $0.1600 while heavyweights NATFOODS (NTFD.zw), OLD MUTUAL (OML.zw) and SEEDCO (SEED.zw) traded unchanged at $5.4000, $5.4200 and $1.9500 respectively.


- zse
Tags: ZSE,

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