Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet30-01-2013.xls

PREVIOUS TODAY

171.96 175.00

MINING INDEX

76.90 80.64

INDUSTRIALS

The industrial index advanced 3.04 points (1.77%) to settle at 175.00 points. ECONET (ECO.zw) pushed up 10.01 cents to 545.01 cents, INNSCOR (INN.zw) rose 4.37 cents to trade at 87.50 cents and DELTA (DLTA.zw) was 2.98 cents firmer at 122 cents. ASTRA (ASTR.zw) and OK ZIMBABWE (OKZ.zw) added 0.50 cents to 5.50 cents and 16.50 cents respectively. PADENGA (PHL.zw) rose 0.20 cents to close at 5.20 cents.

CFI (CFI.zw) was the only counter to trade in the negative territory, easing 0.40 cents to 4.50 cents.

MININGS

The mining index surged up 3.74 points (4.86%) to close at 80.64 points. BINDURA (BIND.zw) gained 0.20 cents to trade at 2.70 cents whilst FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) were unchanged at the previous trading level.

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