Market Commentary 25 April 2018

Market Commentary 25 April 2018
Published: 25 April 2018
The Zimbabwe Stock Exchange market capitalization closed at $9.2 billion on Wednesday. Turnover improved to $1,164,404, in  a trading session which saw 91 trades coming through. Foreign buys at $118,543 were dominated by foreign sales which closed at $511,697.

The All Share index's bullish trend continued unabated following a 0.68 points (0.70%) gain to close at 97.50 points.

DELTA (DLTA.zw) was $0.0414 solid at $1.9864, INNSCOR (INN.zw) gained $0.0173 to trade at $1.0100 and OLD MUTUAL (OML.zw) moved up $0.0100 to close at $5.7100. Other notable gains were in OK ZIMBABWE (OKZ.zw) which rose by $0.0071 to close at $0.1775, SIMBISA (SIM.zw) marched on $0.0040 to settle at $0.4270 and AXIA (AXIA.zw) increased $0.0020 to close at $0.2475.

HIPPO (HIPO.zw) led the shakers as it fell $0.0064 to close at $1.6711, NAMPAK (NKPZ.zw) dropped  $0.0050 to $0.1600, ECONET (ECO.zw) was $0.0027 softer at $0.8998 and MASHONALAND HOLDINGS (MASH.zw) shed $0.0005 to close at $0.0245.

- zse
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