Market Commentary 24 May 2018

Market Commentary 24 May 2018
Published: 24 May 2018
The Zimbabwe Stock Exchange ended this trading week in the green with turnover closing strong at $4,422,313. This was after 121 trades came through. Foreign buys dominated at $1.55 million with foreign sales standing $575,528.

The All Share index closed higher at 105.27 points gaining 0.10 points (0.10%) preceding Africa day holiday.

FBC HOLDINGS (FBCH.zw) advanced by $0.0100 to end at $0.2200, INNSCOR (INN.zw) put on $0.0085 to $1.3085 whilst AFRICAN SUN (ASUN.zw) was up by $0.0045 to close at $0.0595, DELTA (DLTA.zw) added $0.0028 to end at $2.0228 as PADENGA (PHL.zw) improved by $0.0010 to settle at $0.6660.

Losses were seen in OLD MUTUAL (OML.zw) which slipped by $0.0299 to close at $7.8582, SIMBISA (SIM.zw) shed $0.0100 to end at $0.4700 while AXIA (AXIA.zw) eased $0.0030 to trade at $0.2395. NICOZDIAMOND (NICO.zw) lost $0.0010 to close at $0.0300 and PPC (PPC.zw) inched down $0.0001 to end at $1.5999.

Week on week changes compared to week ending 18 May 2018

All Share Index  was up 0.47 points (0.45%).
Industrial Index increased 1.58 points (0.45%).
Top 10 Index shed 0.15 points (0.14%).
Mining Index was unchanged.
- zse
Tags: ZSE,

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