Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet10-01-2013.xls

PREVIOUS TODAY

153.95 156.41

MINING INDEX

66.29 68.69

INDUSTRIALS

The industrial index closed higher for the 6th consecutive day after gaining 2.46 points (1.60%) to close at 156.41 points. ECONET (ECO.zw) advanced 5.98 cents to 466 cents, DELTA (DLTA.zw) was up 3 cents to 105 cents and TPH (TRA.zw) gained 1.50 cents to 9.50 cents. INNSCOR (INN.zw) pushed up 1.49 cents to trade at 75.99 cents. HUNYANI (HUNY.zw) and OK ZIMBABWE (OKZ.zw) rallied 0.50 cents to settle at 3 cents and 15.50 cents respectively. BARCLAYS (BARC.zw) was 0.30 cents firmer at 3.10 cents.

On the downside, ABCH (ABC.zw) eased 5 cents to 45 cents. PPC (PPC.zw) shed 2.01 cents to 208 cents and ZBFH (ZBFH.zw) dropped a cent to 8 cents. RTG (RTG.zw) lost 0.60 cents to 1.70 cents and FBCH (FBC.zw) retreated 0.51 cents to trade at 6.49 cents.

MININGS

The mining index rebounded 2.40 points (3.62%) to close at 68.69 points. RIOZIM (RIOZ.zw) was up 3 cents to 58 cents, HWANGE (HCCL.zw) added a cent to 18 cents and BINDURA (BIND.zw) rose 0.10 cents to trade at 1.50 cents. FALGOLD (FALG.zw) was unchanged at the previous trading level.

Post published in: Business

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