Weighing down on the ZSE's Industrial Index was Innscor Corporation Limited which traded -1,49 percent lower at 66c on thin volumes, SeedCo Limited easing -0,84 percent at 125,04c and CBZ Financial Holdings Limited which lost -3,23 percent at 15c.
Aggressive selling pressure in TA Holdings Limited (TA), saw the counter top the losers list with a -19,40 percent retreat at 14,50c with no buyers in sight while ZB Financial Holdings Limited (ZBFH) eased -2,07 percent at 14,20c.
Impressive gains in British American Tobacco Zimbabwe Limited (BAT), African Distillers Limited (Afdis) and Turnal Holdings Limited, however, failed to reverse losses as buyers and losers were almost at par at 10 and 11 counters, respectively.
Illiquid counter BAT put on 26,67 percent at 190c ahead of the record date for its interim dividend.
Turnall added +10,89 percent to close the week at 11,10c as parent group First Banking Corporation Limited (FBCH) also firmed +7,14 percent at 7,50c.
Padenga Holdings Limited continues to ride on positive investor sentiment after it recently released financial results adding +5,08 percent to close the week at 6,20c with a two-day return of 33 percent as 2 million shares exchanged hands in trades.
Value traded reverted to normal levels at $2,5 million while volume was thin at 7 million.
Trading was dominated by foreign participation in Delta Corporation Limited, Econet Wireless Zimbabwe Holdings Limited and Padenga which saw foreign inflows at $1,7 million (67 percent of total turnover) while outflows amounted to $663 636.
Telecommunications giant Econet which was stable at 400c was the most traded counter with trades worth $929 292 from 232 323 shares while Delta was the second largest traded counter with 1,1 million shares worth $838 702 at a stable price of 75c.
In the resources sector, Rio Zimbabwe Limited (RioZim) continued on the downward spiral as it lost -7,68 percent at 60,01c on significant volume of 200 000 as investors are wary of its balance sheet blotted with debt.
Major coal mining house Hwange Colliery Company Limited (HCCL) reversed Thursday's gains with a loss of -3,33 percent at 58c, while Bindura Nickle Corporation Limited (Bindura) was marginally lower at 3,99c.
Falcon Gold Zimbabwe Limited (Falgold) was buyers only at an improved bid of 6c buoyed by its interims results in which they reported their first ever profit post-dollarisation as the effects of the New Dawn Limited recapitalisation begins to bear fruit.
Post published in: Business