Market Commentary 8 September 2017

Market Commentary 8 September 2017
Published: 08 September 2017
INDUSTRIALS
The Industrial Index closed the week on a higher note gaining 16.07 points (5.94%) to settle at 286.63 points. OLD MUTUAL (OML.zw) led the movers with a $0.1446 increase to trade at $4.9071, DELTA (DLTA.zw) put on $0.1391 to $1.7392 while PADENGA (PHL.zw) moved up by $0.0792 to close at $0.7918. Other movers were in econet which added $0.0539 to end at $0.6600,  SIMBISA (SIM.zw) advanced $0.0485 to close at $0.6485 while TSL LIMITED (TSL.zw) was $0.0470 stronger at $0.3000.

There were no trades in the negative whilst AMALGAMATED REGIONAL TRADING (ART.zw), CFI HOLDINGS (CFI.zw),  and DAIRIBOARD (DZLH.zw)  traded unchanged at $0.0420, $0.6000, $0.1200 respectively.

Week on week Industrial index gained a significant 48.63 points (20.43%).

MININGS
The Mining index was flat at 82.20 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at $0.0320,  $0.0200, $0.0260 and $0.6789 in that order.

Week on week Mining index advanced by 8.15 points (11.01%).


- zse
Tags: ZSE,

Comments

Latest News

Latest Published Reports

Latest jobs