ZSE in fifth consecutive gain

ZSE in fifth consecutive gain
Published: 16 June 2014

The equities market has begun the week on a positive note, rising 0.17 percent in today's trades to notch a fifth consecutive gain.

The Industrial Index pushed up 0.31 points to settle at 181.05 points following gains in selected heavyweights.

Conglomerate Innscor advanced 1.49 cents to 77 cents, while giant insurer Old Mutual gained 0.42 cents to trade at 250.92 cents.

Cottco was up 0.09 cents to 0.90 cents, while construction firm Masimba rose 0.01 cents to close at 1.51 cents.

On the downside, bankers CBZ was the only counter to trade in the red after easing 0.50 cents to trade at 14.50 cents.

The Mining Index also continued on a positive trend, gaining 3.40 points (or 7.53 percent) to close at 48.57 points on the back of the positive performance of BINDURA, which added 0.31 cents to trade at 3.61 cents.

The other mining counters, Falgold, Hwange and Riozim all maintained previous trading levels. 
- bh24

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