Movement on the ZSE

zim_stock_exchangeHARARE - The Zimbabwe Stock Exchange (ZSE) closed last week in the red with the key industrial index shedding 1.45% to settle at 164.16 points.

Hippo suffered the major loss of the day, retreating 10 cents to close at 100 cents, Delta went 3.31 cents lower at 52 cents and M&R lost 3 cents to trade at 24 cents.

CFI went lost 2 cents to close at 29 cents while Radar eased 1.10 cents to 17 cents.

On the upside BAT and Border both pushed up 10 cents to trade at 250 cents and 50 cents.

Commercial banks, Barclays, ABCH and CBZ firmed a cent each to trade at 14 cents with the latter two at 20 cents.

Despite the losses today and the previous the industrial index went up 11.47% compared to week ending 08 January 2010.

Resources maintained the up trend with the mining index rallying 1.53% to close at 207.96 points bouyed by Riozim which added 4.99 cents to close at 315 cents and BINDURA which was a cent up at 24 cents.

FALGOLD and HWANGE were unchanged at 8 cents and 30 cents. The mining index registered a mega 31.85 points (18.09%) rise compared to week ending 08 January 2010.

Post published in: Economy

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