Market Commentary

Market Commentary
Published: 07 July 2017
INDUSTRIALS
The Industrial Index was marginally up by 0.03 points (0.02%) to close at 197.93 points on the back of subdued trading activity. Three counters went up; OLD MUTUAL (OML.zw) gained $0.0100 to settle at $3.9300, ECONET (ECO.zw) inched up by $0.0006 to settle at $0.3600 and AXIA (AXIA.zw) gained $0.0004 to close at $0.1100.

AFDIS (AFDS.zw) registered $0.0100 loss to trade at $0.6000 whilst BARCLAYS (BARC.zw), CBZ (CBZ.zw), DELTA (DLTA.zw) and INNSCOR (INN.zw) traded unchanged at $0.0408, $0.1000, $1.2700 and $0.7200 respectively.

Week on week the industrial index gained 1.96 points (1.00%).

MININGS
The Mining index was flat at 69.98 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 $0.5525 respectively.

The mining index added 0.19 points (0.27%) compared to week ending 30 June 2017.
- ZSE
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