Market Commentary 29 November 2017

Market Commentary 29 November 2017
Published: 29 November 2017
INDUSTRIALS
The Industrial Index extended the gains adding 19.15 points (5.44%) to close at 371.09 points in trading dominated with movers. OLD MUTUAL (OML.zw) rallied $0.5989 to settle at $5.9786,  DELTA (DLTA.zw) put on $0.2484 to end at $1.9809 while SEEDCO (SEED.zw) was up by $0.1593 to $1.7644. ECONET (ECO.zw) rose by $0.0837 to close at $1.1795 while OK ZIMBABWE (OKZ.zw) was $0.0340 stronger at $0.2138.

MEIKLES (MEIK.zw) came off $0.0558 to close at $0.2300, LAFARGE (LACZ.zw) dropped $0.0500 to $1.2500 while SIMBISA (SIM.zw) decreased by $0.0073 to $0.4883. DAIRIBOARD (DZLH.zw) shed $0.0050 to close at $0.1396 and FBC HOLDINGS LIMITED (FBCH.zw) was $0.0045 weaker at $0.2450.

MINING INDEX
The Mining index rebounded 0.08 points (0.06%) to settle at 126.71 points. BINDURA (BIND.zw) inched up $0.0003 to end at $0.0355 while RIOZIM (RIOZ.zw) dropped $0.0020 to $1.1980. FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at previous price levels at $0.0220 and $0.0380 respectively.

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