Market Commentary 12 September 2017

Market Commentary 12 September 2017
Published: 13 September 2017
INDUSTRIALS
The Industrial Index continued in the upward trend gaining 14.07 points (4.67%) to close at 315.10 points. OLD MUTUAL (OML.zw) advanced by $0.5282 to end $5.5284,  INNSCOR (INN.zw) gained $0.1996 to $1.2121 while AFDIS (AFDS.zw) closed at $1.0025 following a $0.1525 gain. BRITISH AMERICAN TOBACCO (BAT.zw) increased by $0.1516 to $18.3500, DELTA (DLTA.zw) was up $0.1427 to trade at $1.9627 while SEEDCO (SEED.zw) was $0.0878 stronger at $1.9225.

ECONET (ECO.zw) eased $0.0564 to close at $0.6636 whilst FIRST MUTUAL LIMITED (FML.zw) and NAMPAK HOLDINGS LIMITED (TURN.zw) traded unchanged at $0.1155 and $0.1000  respectively.

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.
- zse
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