Market Commentary 19 September 2017

Market Commentary 19 September 2017
Published: 19 September 2017
INDUSTRIALS
The Industrial Index lost 19.31 points (4.94%) to settle at 371.31 points. DELTA (DLTA.zw)  eased $0.4063 to $2.2937, HIPPO (HIPO.zw) shed $0.1424 to $1.3025 while SIMBISA (SIM.zw) dropped $0.0551 to trade at $0.7400. MEIKLES (MEIK.zw)  came off $0.0200 to end at $0.3800 and  DAIRIBOARD (DZLH.zw) closed at $0.1450 following a $0.0150 decrease.SIMBISA (SIM.zw) dropped $0.0551 to trade at $0.7400. MEIKLES (MEIK.zw)  came off $0.0200 to end at $0.3800 and  DAIRIBOARD (DZLH.zw) closed at $0.1450 following a $0.0150 decrease.

OLD MUTUAL (OML.zw) led the movers with a $0.4950 increase to close at $7.2950 and  CBZ (CBZ.zw) was up by $0.0170 to end at $0.1799. ARISTON (ARIS.zw) advanced $0.0050 to trade at $0.0302 while STARAFRICACORPORATION (SACZ.zw) and ZIMPAPERS (ZIMP.zw) each inched up $0.0002 to close at $0.0240 and $0.0107 respectively.

MININGS
The Mining index added 5.42 points (5.93%) to settle at 96.89 points after RIOZIM (RIOZ.zw)  put on  $0.0699 to end at $0.8000. BINDURA (BIND.zw),  FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at $0.0380, $0.0200 and $0.0312 respectively.FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at $0.0380, $0.0200 and $0.0312 respectively.
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