Market Commentary 24 July 2017

Market Commentary 24 July 2017
Published: 24 July 2017
INDUSTRIALS
The Industrial Index continued in the positive trend as it gained 0.42 points (0.21%) to settle at 200.46 points. CFI (CFI.zw) advanced by $0.0620 to close at $0.3725; MEIKLES (MEIK.zw) rose by $0.0160 to $0.2160 and FIRST MUTUAL HOLDINGS (FML.zw) put on $0.0020 to end at $0.1140.  Other movers were in NMBZ (NMB.zw)  which increased by $0.0005 to $0.0405 while ECONET (ECO.zw) inched up $0.0002 to settle at $0.3702.
 
No counter traded in the negative territory while AXIA (AXIA.zw), FBC HOLDINGS (FBC.zw), INNSCOR (INN.zw), OK ZIMBABWE (OKZ.zw) and STARAFRICACORPORATION (SACL.zw) traded unchanged at $0.1200, $0.1355, $0.7250, $0.1010 and $0.0120 respectively.

MININGS
The Mining index was flat at 69.00 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0290, $0.0100, $0.0250 and $0.5500 respectively. 

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