Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet12-11-2012.xls

PREVIOUS TODAY

155.73 155.66

MINING INDEX

80.82 82.04

INDUSTRIALS

The industrial index was down 0.07 points (0.04%) to close at 155.66 points. TA HLDS (TAHO.zw) slipped 2 cents to 12 cents, MEIKLES (MEIK.zw) retreated 0.50 cents to 16 cents and AFRE (AFRE.zw) eased 0.20 cents to 4.80 cents. BARCLAYS (BARC.zw) and PELHAMS (PELH.zw) lost 0.10 cents to trade at 2.80 cents and 0.50 cents respectively.

However, loses were countered by gains in ABCH (ABC.zw) which advanced 3 cents to 58 cents whilst AFDIS (AFDS.zw) and DZLH (DZL.zw) pushed up a cent to 20 cents and 22 cents respectively. M&R (MAR.zw) rose 0.30 cents to 2.70 cents, FIDELITY LIFE (FIDL.zw) was 0.25 cents firmer at 13.75 cents and ZIMPLOW (ZIMW.zw) gained 0.14 cents to 4.65 cents.

MININGS

The mining index was up 1.22 points (1.51%) to close at 82.04 points after HWANGE (HCCL.zw) added a cent to 19 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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