Market Commentary 11 August 2017

Market Commentary 11 August 2017
Published: 11 August 2017
INDUSTRIALS
The Industrial Index gained 0.33 points (0.16%) to close at 210.61 points ahead of the Heroes and Defence Forces holidays. CFI (CFI.zw) continued in the upward trend adding $0.0293 to close at $0.6100, ZIMPLOW (ZIMW.zw) put on $0.0090 to $0.0539 while SEEDCO (SEED.zw) was up by $0.0086 to end at $1.4886. NMB HOLDINGS (NMB.zw) moved up $0.0082 to trade at $0.0496 while DAIRIBOARD (DZL.zw) was $0.0050 stronger at $0.0750.
 
ECONET (ECO.zw) was the only counter in the negative losing $0.0029 to close at $0.4200.

Week on week Industrial index improved by 3.52 points (1.70%).

MININGS
The Mining index shed 0.07 points (0.09%) to settle at 74.04 points after BINDURA (BIND.zw) inched down $0.0001 to end at $0.0299.  FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0120, $0.0260 and $0.6025 respectively. 

Week on week Mining index added 0.12 points (0.16%).

- zse
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