Market Commentary 22 August 2017

Market Commentary 22 August 2017
Published: 22 August 2017
INDUSTRIALS
The Industrial Index extended its winning streak after adding 1.03 points (0.48%) to close at 215.09 points. The cement maker PPC (PPC.zw) went up by $0.0625 to trade at $0.7125, BRIRISH AMERICAN TOBACCO (BAT.zw) gained $0.0500 to close at $18.1000 and SEEDCO (SEED.zw) traded $0.0103 higher at $1.5275. Other movers were ZIMPLOW (ZIMW.zw) which increased by $0.0101 to settle at $0.0640 , POWERSPEED (PWS.zw) was up by $0.0100 to settle at $0.0600 and AXIA (AXIA.zw) pushed up $0.0095 to trade at $0.1400.

OLD MUTUAL (OML.zw) retreated by $0.0026 to close at $4.0132 whilst CBZ (CBZ.zw), CFI (CFI.zw),  DAWN (DAWN.zw) and NATIONAL FOODS (NTFD.zw) traded unchanged at $0.1000, $0.6100, $0.0210 and $3.8150 in that order.

MININGS
The Mining index was unchanged at 74.04 points.  BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0299, $0.0120, $0.0260 and $0.6025 respectively.
- zse
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