Published: 07 March 2014

A book over of 86.40 million Zimplow Holdings shares at 2.5c buoyed ZSE's daily outturn during Friday's hushed trading session that saw shares rebounding from losses recorded in the week.

There was not a single counter to trade in the red with 5 out of the 16 that traded ending in the positive while 11 closed unchanged at previous levels.

The Industrials Index recovered 0.70 points or 0.37% to 188.93 but is down 0.64% week on week.

The Minings Index recovered 1.22 points or 3.68% to 3.36 but is a significant 15.55% in the red on last Friday's level of 39.24.

Daily market turnover improved to $3,563 million on a volume of 88.50 million shares from yesterday's $2,706 million on 7.298 million shares.

Zimplow, which led the day's risers after adding 0.5c or 25% to 2.5c, accounted for $2,160 million of the total value traded on the day.

Weekly outturn also improved to $9,424 million on a volume of 241.6 million shares from last week's 5.296 million on 39.23 million shares.

Across the board Econet added 0.85c to 67c while DZLH was 0.89c better at 13.89c.

FML recovered 0.05c to 10.95c while in Minings Hwange recovered 1c to 6c.

The Zfn board saw only 5 indices closing in the positive while the rest ended unchanged at previous positions.

The benchmark Datvest All Share Index recovered 0.52 points or 0.41% to 127.91 white the FBC ZSE-10 Index was 0.45 points or 0.33% up to 135.38.

The Mining Index recovered 0.52 points or 3.93% to 13.72 after Hwange's 20% recovery to 6c. 
- zfn

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