Equities market opens week on bearish trend

Equities market opens week on bearish trend
Published: 07 July 2014
The equities market opened Monday 0.19 percent weaker, bucking last week's three-day gains.

The industrial index today was lower at 187.09 points after shedding 0.35 points.

Losses were recorded in Natfoods, which declined 4 cents to close at 211 cents.

Bankers CBZ and holdings company TSL both slipped a cent to trade at 12 cents and 26 cents respectively.

On the upside were gains in Masimba, which added 0.28 cents to trade at 2 cents and Fidelity Life which was up 0.20 cents to trade at 9.20 cents. Turnal rose 0.15 cents to close at 3.15 cents.

Mash Holdings and Zimplow both increased by 0.10 cents to 2.60 cents and 8.10 cents respectively.

Depressed activity amongst the mining counters saw the ZSE's mining index remaining flat at 54.56 points.

Bindura, Falgold Hwange and Riozim all maintained previous trading days' levels.
- BH24


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