Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet10-05-2013.xls

PREVIOUS TODAY

203.65 204.74

MINING INDEX

73.26 74.13

INDUSTRIALS

The industrial index gained 1.09 points (0.54%) to close the week at 204.74 points. NATFOODS (NTFD.zw) rose by 15 cents to 245 cents, OLD MUTUAL (OML.zw) added 9.5 cents to 240 cents and MEIKLES (MEIK.zw) was 3 cents firmer at 25 cents. INNSCOR (INN.zw) put on 1.02 cents to 93.12 cents, whilst DZLH (DZL.zw) picked up 0.52 cents to close the day at 29.52 cents.

Among the losers, PPC (PPC.zw) traded 5 cents lower at 230 cents and NMB (NMB.zw) shed a cent to 9 cents. CFI (CFI.zw) put off 0.8 cents to 5.2 cents; TSL (TSL.zw) lost half a cent to 18.5 cents, whilst AICO AFRICA (AICO.zw) traded 0.49 cents weaker at 8.51 cents.

The index was 13.58 points (7.10%) firmer compared to the week ended 03 May 2013.

MININGS

The mining index added 0.87 points (1.19%) to 74.13 points. HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) picked up a cent each to 15 cents and 47 cents respectively, whilst BINDURA (BIND.zw) traded 0.10 cents firmer at 3.10 cents. However, FALGOLD (FALG.zw) lost 2 cents to close at 12 cents.

Compared to the week ended 03 May 2013, the index added 3.04 points (4.28%).

Post published in: Business

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