Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet18-10-2012.xls

PREVIOUS TODAY

154.71 156.64

MINING INDEX

86.01 86.63

INDUSTRIALS

The industrial index was 1.93 points (1.25%) firmer at 156.64 points during a trading session that was dominated by positive trades. ECONET (ECO.zw) was up 3 cents to 491 cents, DELTA (DLTA.zw) rose 2.35 cents to 90 cents and INNSCOR (INN.zw) gained 2 cents to 80 cents. OLD MUTUAL (OML.zw) inched up a cent to 166 cents, ARISTON (ARIS.zw) added 0.44 cents to 1.50 cents and CBZ (CBZ.zw) gained 0.39 cents to close at 11 cents. ZIMPLOW (ZIMW.zw) gained 0.30 cents to settle at 5.30 cents.

However, RTG (RTG.zw) retreated 0.20 cents to trade at 1.80 cents and TRUWORTHS (TRUW.zw) slipped 0.10 cents to 2.85 cents.

MININGS

The mining index gained 0.62 points (0.72%) to close at 86.63 points. HWANGE (HCCL.zw) was the only counter to trade in the positive, after advancing 0.50 cents to 18.50 cents. BINDURA (BIND.zw), FALGOLD (FALG.zw) and RIOZIM (RIOZ.zw) were unchanged at previous trading levels.

Post published in: Business

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