Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet26-10-2012.xls

PREVIOUS TODAY

155.10 153.36

MINING INDEX

88.82 90.27

INDUSTRIALS

The industrial index slipped 1.74 points (1.12%) to close at 153.36 points. ECONET (ECO.zw) dropped 21.01 cents to settle at 479.99 cents, COLCOM (COLC.zw) eased 8 cents to 22 cents and INNSCOR (INN.zw) dropped 3.90 cents to trade at 76 cents.

On the upside, PPC (PPC.zw) added 5 cents to 250 cents. ABCH (ABC.zw) was up 0.99 cents to 51 cents whilst MEIKLES (MEIK.zw) and TURNALL (TURN.zw) inched up 0.10 cents to 16.60 cents and 5.50 cents respectively.

Week on week the industrial index was down 5.23 points (3.30%).

MININGS

The mining index gained 1.45 points (1.63%) to close at 90.27 points. RIOZIM (RIOZ.zw) advanced 1.50 cents to trade at 63.50 cents whilst BINDURA (BIND.zw) slipped 0.04 cents to close at 2.95 cents. FALGOLD (FALG.zw) and HWANGE (HCCL.zw) were unchanged at previous trading levels.

Week on week the mining index gained 3.64 points (4.20%).

Post published in: Business

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