Market Commentary 5 September 2017

Market Commentary 5 September 2017
Published: 05 September 2017
INDUSTRIALS
The Industrial Index continued in the positive trend gaining 7.35 points (3.02%) to settle at 251.07 ground. OLD MUTUAL (OML.zw) gained $0.2721 to trade at $4.5934, AFDIS (AFDS.zw) went up by $0.1300 to close at $0.8000, SIMBISA (SIM.zw) added $0.0607 to $0.5307 whilst ECONET (ECO.zw) put on $0.0494 to trade at $0.5494. BRITISH AMERICAN TOBACCO (BAT.zw) was up by $0.0484 to $18.1984, PADENGA (PHL.zw) moved up $0.0375 to end at $0.5000 as MEIKLES (MEIK.zw) increased by $0.0140 to close at $0.2250.

CFI (CFI.zw) eased $0.0300 to close at $0.6000, EDGARS (EDGR.zw) came off $0.0040 to trade at $0.0460 whilst AMALGAMATED REGIONAL TRADING (ART.zw)  lost $0.0020 to end at $0.0400.

MININGS
The Mining index added 3.84 points (5.19%) to close at 77.89 points after BINDURA (BIND.zw) advanced by $0.0049 to $0.0299. FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0120,  $0.0260, and $$0.6525 in that order.
- zse
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