Market Commentary 12 April 2018

Market Commentary 12 April 2018
Published: 12 April 2018
Turnover rose to $3,134,713 on the Zimbabwe Stock Exchange on Thursday from the $2 million recorded yesterday. Market capitalization closed at $8,564,216,424. The trading session closed with foreign buys standing at $1,315,472 with no foreign sales recorded.

The All Share index rose by 0.99 points (1.12%) to settle at 89.43 points as most heavyweight counters gained ground. ECONET (ECO.zw) led the movers with a $0.0588 to trade at $0.7711, DELTA (DLTA.zw) added $0.0433 to close at $1.6684 and PPC (PPC.zw) went up by $0.0375 to $1.0000.  

MEIKLES (MEIK.zw) increased by $0.0171 to end at $0.2900, INNSCOR (INN.zw) gained $0.0050 to trade at $0.9750 whilst DAIRIBOARD (DZL.zw) and SIMBISA (SIM.zw) both put on $0.0025 to settle at $0.1225 and $0.3700.

However, BRITISH AMERICAN TOBACCO (BAT.zw) shed a significant $3.0000 to close at $17.0000 while PADENGA (PHL.zw) eased $0.0050 to $0.4100.

- zse
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