The Industrial Index eased -0,61 percent to 159.63 points weighed down by heavy caps while the Mining Index advanced +1,35 percent at 152.60 points buoyed by a 7,14 percent recovery in Rio Zimbabwe Limited (RioZim).
Heavy trading in RioZim saw 447 455 shares exchange hands in trades worth $268 473. Hwange Colliery Company Limited (HCCL) closed unchanged at 60c while Falcon Gold Zimbabwe Limited (Falgold) was buyers at 7c.
Bearish sentiment prevailed in the mainstream sector of the local bourse with losers out numbering gainers by 19 to 7.
Delta lost -1,33 percent to 74c on a volume of 586 388 shares which saw $433 927 exchanging hands, Econet Wireless Zimbabwe Holdings Limited (Econet) slipped -1,95 percent to 402c while Meikles Africa Limited (MAL) is retracing its steps downwards shedding -3,45 percent (-1c) to 28c.
Selling pressure in National Foods Limited (Natfoods) saw the group close -17,78 percent (-16c) at 84c wiping of $18 million of its $68 million market value in a single trading session.
Other notable losses were seen in Padenga Holdings Limited (Padenga) which eased -8,33 percent to 5,5c on profit taking after the counter rallied to 6,2c last week in the wake of its June final results.
Gains were, however, seen in Innscor Corporation Limited (Innscor) which put on +1,59 percent to 64c, Chemco Holdings Limited (Chemco) added +25 percent to 25c while Pretoria Portland Cement (PPC) and First Banking Corporation Limited (FBC) advanced +0,62 percent and 3,90 percent to 327c and 8c, respectively.
Total turnover improved marginally to $1,3 million despite a 59 percent decline in volumes to 8,2 million shares.
Foreign participation remained depressed at $124 000 and $116 000 on the buy-side and sell side, respectively.Post published in: Business