Market Commentary 01 August 2017

Market Commentary 01 August 2017
Published: 01 August 2017
INDUSTRIALS
The Industrial Index continued in the positive trend gaining 1.18 points (0.58%)  to close at 204.43 points. CFI (CFI.zw) went up by  $0.0745 to trade at $0.4470, SEEDCO (SEED.zw) added $0.0600 to $1.4500 while SIMBISA (SIM.zw) went up by $0.0150 to end at $0.2650. MEIKLES (MEIK.zw) advanced by $0.0145 to settle at $0.2000 while HIPPO  (HIPO.zw) closed at $0.8750 following a $0.0050 gain.
 
ZB FINANCIAL HOLDINGS (ZBFH.zw) lost $0.0250 to trade at $0.1400 while BARCLAYS (BARC.zw) shed $0.0011 to close $0.0350.

MININGS
The Mining index advanced by 0.39 points (0.56%) to settle at 69.83 points after BINDURA (BIND.zw) put on $0.0005 to end at $0.0250. FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0100, $0.0260 and $0.6000 respectively.

- zse
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