Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet29-01-2013.xls

PREVIOUS TODAY

171.25 171.96

MINING INDEX

78.86 76.90

INDUSTRIALS

The industrial index continued its upward trend after gaining 0.71 points (0.41%) to close at 171.96 points. BAT (BAT.zw) pushed up 10 cents to 470 cents, OLD MUTUAL (OML.zw) added 4.90 cents to 180 cents and SEEDCO (SEED.zw) inched up a cent to 78 cents. DELTA (DLTA.zw) gained 0.76 cents to 119.02 cents, FIDELITY LIFE (FIDL.zw) was 0.50 cents firmer at 12.50 cents and PADENGA (PHL.zw) rose 0.40 cents to trade at 5 cents.

However, MEIKLES (MEIK.zw) retreated 0.60 cents to trade at 23 cents. ASTRA (ASTR.zw) was down 0.50 cents to close at 5 cents, BARCLAYS (BARC.zw) and DZLH (DZL.zw) lost 0.01 cents to trade at 3.60 cents and 21 cents respectively.

MININGS

The mining index slipped 1.96 points (2.49%) to close at 76.90 points. RIOZIM (RIOZ.zw) shed 5 cents to settle at 50 cents. BINDURA (BIND.zw), FALGOLD (FALG.zw) and HWANGE (HCCL.zw) were unchanged at the previous trading level.

Post published in: Business

Leave a Reply

Your email address will not be published. Required fields are marked *