Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet02-10-2012.xls

PREVIOUS TODAY

147.31 148.56

MINING INDEX

96.00 96.00

INDUSTRIALS

The industrial index added 1.25 points (0.85%) to settle at 148.56 points. BAT (BAT.zw) pushed up 10 cents to 445 cents, HIPPO (HIPO.zw) advanced 4.50 cents to 115 cents and INNSCOR (INN.zw) gained 2.01 cents to trade at 70.01 cents. AFDIS (AFDS.zw) rose 1.50 cents to 20.50 cents, OLD MUTUAL (OML.zw) was 1.41 cents firmer at 174.41 cents and DELTA (DLTA.zw) gained 1.01 cents to 81.01 cents. AICO AFRICA (AICO.zw) and TPH (TRA.zw) were up 0.50 cents to trade at 14.50 cents and 9.50 cents respectively. MEIKLES (MEIK.zw) added 0.31 cents to 16.51 cents.

However, SEEDCO (SEED.zw) slipped 2 cents to 86 cents. FIDELTY LIFE (FIDL.zw) retreated 1.50 cents to 13.50 cents and FBCH (FBC.zw) was down 0.30 cents to 7 cents. CBZ (CBZ.zw) dropped 0.03 cents to 10 cents.

MININGS

The mining index was unchanged at 96.00 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) were unchanged at previous trading levels.

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