Market commentary

INDUSTRIAL INDEX

Click here to download calloverpricesheet08-05-2013.xls

PREVIOUS TODAY

195.29 200.72

MINING INDEX

71.98 73.26

INDUSTRIALS

The industrial index continued to rise, gaining 5.43 points (2.78%) to reach a record 200.72 points. NATFOODS (NTFD.zw) traded 10 cents firmer at 230 cents, DELTA (DLTA.zw) put on 4.91 cents to 135.01 cents and ECONET (ECO.zw) added 4 cents to 72 cents. OK ZIMBABWE (OKZ.zw) rose by 1.39 cents to 23.4 cents, while AICO AFRICA (AICO.zw) and CFI (CFI.zw) picked up a cent each to 9 cents and 6 cents respectively.

Recording losses were PPC (PPC.zw), which lost 15 cents to 235 cents and LAFARGE (LACZ.zw) which shed 5 cents to 85 cents. NICOZ DIAMOND (NICO.zw) and STAR AFRICA (SACL.zw) traded at 1.3 cents and 1.4 cents respectively, having put off 0.1 cents each.

MININGS

The mining index rose 1.28 points (1.78%) to 73.26 points. RIOZIM (RIOZ.zw) added a cent to 46 cents and BINDURA (BIND.zw) was up 0.1 cents to 3 cents. FALGOLD (FALG.zw) and HWANGE (HCCL.zw) were unchanged at previous trading levels.

Post published in: Business

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