Market Commentary 09 August 2017

Market Commentary 09 August 2017
Published: 09 August 2017
INDUSTRIALS
The Industrial Index gained a further 1.03 points (0.49%) to close at 209.93 points as heavyweight counters gained ground. HIPPO (HIPO.zw) put on $0.0300 to end at $0.9425, CFI (CFI.zw) advanced by a further $0.0159 to $0.5433 while DELTA (DLTA.zw) added $0.0098 to close at $1.2898. SEEDCO (SEED.zw) put on $0.0065 to trade at $1.4800 whilst PADENGA (PHL.zw) shifted up $0.0039 to trade at $0.3040.

ECONET (ECO.zw) inched down $0.0003 to trade at $0.4221 while BRITISH AMERICAN TOBBACCO (BAT.zw),  FIDELITY LIFE (FIDL.zw),  OLD MUTUAL (OML.zw) and PPC (PPC.zw) traded unchanged at $18.0500,  $0.1350, $3.9400 and $0.7100 in that sequence.

MININGS
The Mining index rebounded 0.19 points (0.26%) to end at 74.11 points. RIOZIM (RIOZ.zw) was up by $0.0025 to close at $0.6025 while BINDURA (BIND.zw),  FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at previous trading levels at $0.0300, $0.0120 and $0.0260 respectively. 
- zse
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