Delta Corporation Limited was the only notable traded counter after 996 932 units traded at 80c in trades US$796 000.
The total value traded declined -54,76 percent to under a million at US$956 127 with Delta alone accounting for 83 percent while volume traded also slumped -51 percent to 4,6 million shares from 9,6 million.
Thin trades were seen in heavy cap counters led by Econet Wireless Holdings Zimbabwe Limited which eased -0,71 percent to a 52-week low of 417,01c on just 6 859 shares, Innscor Corporation Limited was unchanged at 64c on just 2 673 shares while SeedCo Limited closed 122c bid and 124c offers with no trades.
A bearish atmosphere prevailed in trading session as shakers outnumbered gainers by 11 to six. Trading in the negative was insurance giant Old Mutual Limited that eased -2,60 percent to 150c, Dairibord Holdings Zimbabwe Limited lost a further -2,27 percent to 21,50c by close of cal, while AICO Limited and CBZ Financial Holdings Limited shed -1,89 percent and 3,45 percent to close at 25,5c and 14c, respectively.
Banking group Barclays Bank Zimbabwe Limited was offers only at 6,20c in the wake of media reports that the banking group together with tobacco processor BAT (Zimbabwe) Limited and other unlisted foreign owned companies have been given a two-week ultimatum to submit acceptable indigenisation plans or risk losing licenses to the government.
National Tyre Services (NTS) topped the gainers putting on +25,43 percent to 4,39c ahead of their Annual General Meeting (AGM) booked for August 23, while FBC Financial Holdings Limited put on +6,05 percent to 7c ahead of analyst briefing scheduled for August 24.
A 33,33 percent impressive gain in nickel miner Bindura Nickel Corporation Limited to 6c saw the Mining Index recover +1,38 percent at 162.31 points.
Hwange Colliery Company Limited (HCCL) closed the week stable at 60,1c, while other mining stock Falcon Gold Zimbabwe Limited (Falgold) and Rio Zimbabwe Limited (RioZim) recorded no trades.
Post published in: Business