Market Commentary 7 May 2018

Market Commentary 7 May 2018
Published: 07 May 2018
Market Turnover $831,118.64 with foreign buys at $192,041.30 and foreign sales were $2,635.85. Total trades were 66.

The All Share index opened the week higher at 102.21 points after gaining 0.59 points (0.58%). OLD MUTUAL (OML.zw) gained a further $0.1881 to close at $6.3627, PADENGA (PHL.zw) added $0.0595 to end at $0.5595 while PPC (PPC.zw) put on $0.0476 to $1.1001.

INNSCOR (INN.zw) rose by $0.0142 to close at $1.2500, CBZ HOLDINGS (CBZ.zw) improved by $0.0045 to end $0.1100 and ECONET (ECO.zw) was $0.0015 stronger at $0.8961.

Two counters lost ground; WILLDALE (WILD.zw) lost $0.0010 to $0.0050 and FIRST MUTUAL HOLDINGS (FML.zw) shed $0.0009 to end at $0.1591.
- zse
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