Market commentary

INDUSTRIAL INDEX

Click here to download callover_price_sheet_08-10-2012.xls

PREVIOUS TODAY

151.79 152.05

MINING INDEX

87.30 87.99

INDUSTRIALS

The industrial index pushed up 0.26 points (0.17%) to close at 152.05 points during a mixed trading session. AICO AFRICA (AICO.zw) was up 1.60 cents to 16.10 cents, DELTA (DLTA.zw) rose 1.50 cents to 85 cents and TA HLDS (TAHO.zw) added 0.90 cents to 12 cents. AFDIS (AFDS.zw) and ZIMPLOW (ZIMW.zw) advanced 0.30 cents to trade at 21 cents and 5.30 cents respectively. DZLH (DZL.zw) inched up 0.26 cents to trade at 17.01 cents. NICOZ DIAMOND (NICO.zw) and STAR AFRICA (SACL.zw) gained 0.10 cents to settle at 1.50 cents and 2.10 cents respectively.

However, LAFARGE (LACZ.zw) and NATFOODS (NTFD.zw) retreated 10 cents to trade at 80 cents and 130 cents respectively. HIPPO (HIPO.zw) slipped 3 cents to 112 cents and SEEDCO (SEED.zw) dropped 1.11 cents to 92.61 cents. AFRICAN SUN (ASUN.zw), BARCLAYS (BARC.zw) and ECONET (ECO.zw) were 0.10 cents weaker at 0.80 cents, 2.90 cents and 475 cents respectively.

MININGS

The mining index was on the rebound gaining 0.69 points (0.79%) to close at 87.99 points. RIOZIM (RIOZ.zw) pushed up 2 cents to 63 cents whilst BINDURA (BIND.zw) eased 0.01 cents to settle at 2.99 cents. FALGOLD (FALG.zw) and HWANGE (HCCL.zw) were unchanged at previous trading levels.

Post published in: Business

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