HARARE - The Industrial Index on the Zimbabwe Stock Exchange (ZSE) opened the week much weaker at 167.83 after losing 0.37 points in mixed trading for the early part.Counters that won the Gold Medal for the early part of the week included cable manufacturer under prominent lawyer, Honour Mkushi, CAFC Limited, whose price shot up by US$0.03; cigarette manufacturer, BAT Zimbabwe Limited by US$0.02; cement producer, Lafarge Limited, up US$0.02; Radar Limited up by US$0.01 and Old Mutual Limited up by US$0.01.
Stock market analysts said financial firm Interfin Financial Holdings Limited (IFL) plunged US$0.15 to close at US$0.20, financial concern ABCH Limited retreated US$0.03 to US$0.48 and seed producer, SeedCo Limited slid US$0.02 to trade at US$1,38.
Counters that grabbed the “Wooden Spoon” during the period under review included IFS down by US$0,15, mining concern Rio Zimbabwe by US$0.04; coal mining giant, Whange Colliery Company Limited down by US$0.35; ABCH by US$0.03 and seed producer, SeedCo whose share price nose-dived by US$0.02.
Food producing entity, Innscor Corporation Limited was down US$1,03 to settle at US$0,69 while AICO Africa Limited and Astra Holdings Limited came off US$0.050 each to close at US$0.21 and US$0.04, respectively.
The ZSE said the Mining Index, on the other hand, lost 8.20 points during the period under review to close at 241.57 points.
Rio shed US$0.04 to US$1.90, Whange Colliery Company Limited dropped US$3,50 to trade at US$0.77 while Bindura Nickel Corporation Limited and Falcon Gold Limited were mainly unchanged.
Post published in: Manufacturing