Market Commentary 07 August 2017

Market Commentary 07 August 2017
Published: 07 August 2017
INDUSTRIALS
The Industrial Index opened the week in the positive following a 0.73 points (0.35%) increase. SIMBISA (SIM.zw) put on $0.0175 to end at $0.2875,  PADENGA (PHL.zw) went up by $0.0091 to $0.3001 while DELTA (DLTA.zw) and SEEDCO (SEED.zw) were each $0.0025 stronger at $1.2775 and $1.4650 respectively. BARCLAYS (BARC.zw) and ECONET (ECO.zw) both added $0.0010 to settle at $0.0310 and 0.4210 in that sequence.
 
Two counters lost ground; FIDELITY LIFE (FIDL.zw) and OK ZIMBABWE (OKZ.zw) both shed $0.0025 to close at $0.1350 and $0.1075 respectively.

MININGS
The Mining index was flat at 73.92 points. BINDURA (BIND.zw),  FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0300, $0.0120, $0.0260 and $0.6000 respectively.  

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