Market Commentary

Market Commentary
Published: 04 July 2017
INDUSTRIALS
The Industrial Index extended by a further 0.58 points (0.30%) to close at 196.73 points. OLD MUTUAL (OML.zw) added $0.0475 to close at $3.9200, HIPPO (HIPO.zw) increased by $0.0474 to trade at $0.8000 and SEEDCO (SEED.zw) rose by $0.0115 to settle at $1.4100. DAIRIBORD (DZL.zw) gained $0.0025 to $0.0646 and FIRST MUTUAL (FML.zw) was up by $0.0016 to close at $0.1076.

STARAFRICACORPORATION (SACL.zw) was the only which traded in red after coming off $0.0002 to close at $0.0118. AXIA (AXIA.zw), CBZ (CBZ.zw), DELTA (DLTA.zw) and OK ZIMBABWE (OKZ.zw) traded unchanged at $0.0970, $0.1000, $1.2700 and $0.0950 in that order.

MININGS
The Mining index was steady at 69.79 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw)  and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0300, $0.0100, $0.0250 and  $0.5500 in that order. 
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