Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet08-01-2013.xls

PREVIOUS TODAY

152.10 152.29

MINING INDEX

66.62 67.51

INDUSTRIALS

The industrial index closed higher for the 4th consecutive day after gaining 0.19 points (0.12%) to close at 152.29 points. ECONET (ECO.zw) advanced 10 cents to 455 cents. CAFCA (CAFCA.zw) and OLD MUTUAL (OML.zw) added 3 cents to 48 cents and 158 cents respectively. EDGARS (EDGR.zw) pushed up a cent to trade at 9 cents, TN BANK (TNBK.zw) was up 0.50 cents to settle at 15.50 cents and MEIKLES (MEIK.zw) inched up 0.39 cents to 15.50 cents.

However, ABCH (ABC.zw) retreated 5 cents to close at 50 cents. SEEDCO (SEED.zw) was down 3 cents to 77 cents and TPH (TPH.zw) shed 1.50 cents to trade at 8 cents. HUNYANI (HUNY.zw) dropped 1.20 cents to 2.50 cents.

MININGS

The mining index was 0.89 points (1.34%) up at 67.51 points. BINDURA (BIND.zw) had a firm bid at 1.50 cents whilst FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) were unchanged at the previous trading levels.

Post published in: Business

Leave a Reply

Your email address will not be published.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