Marginal gains recorded on the ZSE

zimbabwe_stockexchangeThe Zimbabwe Stock Exchange (ZSE) opened this weeks trade in the positive after weeks of mixed trading bringing relief to investor. The stock markets was largely driven by penny stocks with medical group,Medtech being the biggest mover with a 30% gain to close at us0.06 cents followed by Celsys 25% up to us0.05cents and Fidelity putting on 20% t

Afrcan Sun was on the losing end with a 14% drop to us 2cents,Nicozdiamond -13% to US 0.2cents while the banking duo of Barclays and ABC shed 7% and 4% respectively.

Resources counters however traded in the negative with Bindura shedding off 8% to Us 0.9c largely due to the negative forecast of nickel prices.Other resources counters however traded unchanged.

Post published in: Economy

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