Market Commentary 7 September 2017

Market Commentary 7 September 2017
Published: 07 September 2017
INDUSTRIALS
The Industrial Index gained a further 7.65 points (2.91%) to end at 270.56 points. PADENGA (PHL.zw) moved up by a hefty $0.1126 to settle at $0.7126, OLD MUTUAL (OML.zw) increased by $0.0534 to $4.7625 while DELTA (DLTA.zw) closed at $1.6002 after a $0.0379 increase. OK ZIMBABWE (OKZ.zw) added $0.0300 to trade at $0.2000, ZB FINANCIAL HOLDINGS (ZBFH.zw) was up $0.0274 to end at $0.2124 and MEIKLES (MEIK.zw) went up by $0.0239 to close at $0.2489.
 
There were no trades in the negative whilst AMALGAMATED REGIONAL TRADING (ART.zw), CFI HOLDINGS (CFI.zw),  SIMBISA (SIM.zw), STARAFRICACORPORATION (SACL.zw) and ZIMRE PROPERTY INVESTMENTS (ZPI.zw) traded unchanged at $0.0420, $0.6000, $0.6000, $0.0131 and $0.0180 respectively.

MININGS
The Mining index advanced by 2.62 points (3.29%) to close at 82.20 points. RIOZIM (RIOZ.zw) added $0.0264 to $0.6789 whilst FALGOLD (FALG.zw) put on $0.0080 to trade at $0.0200. BINDURA (BIND.zw) and HWANGE (HCCL.zw) remained unchanged at previous trading levels at $0.0320 and $0.0260.

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