ZSE: Innscor snaps Industrials record setting run

Published: 10 June 2013
Innscor was the only counter to trade lower on Monday and managed snap the mainstream Industrials' 3-day record setting run, closing a modest 0.15% off its all-time high of 212.08 but overall trading remained uninspiring.

The Industrials Index eased by 0.32 or 0.15% to 211.76 points with heavyweight Innscor shedding 1c to 92c.

Blue chips Delta and Econet traded unchanged at 145c and 70c respectively while OK Zimbabwe closed sellers only at 28.5c.

The Minings Index gained 0.44 or 0.59% to 74.58 points as Bindura closed as one of the top 5 risers on the market adding 0.05c or 1.72% to 2.95c.

Total market turnover dropped to $627 762 on a volume of 1.807 million shares against Friday's $1.316 million on a volume of 3.325 million shares.

ZHL led the top risers for the day adding 0.20c or 16.67% to 1.4c while bankers ZBFH were 1c or 10.53% firmer at 10.5c.

Afdis advanced 0.50c or 1.96% to its best level in 2 years of 26c while DZHL added 0.20c or 0.68% to 29.4c. Masimba added a marginal 0.01c or 0.12% increase to 8.11c.

Clothing retailer Edgars closed 2.46% higher at 12.5c ahead of its AGM on Wednesday.

ABC and Pearl Properties remained stable at 60c and 3.25c each ahead of the two counters AGM tomorrow.

Cigarette manufacture BAT closed buyers and sellers only at 810c and 825c amid reports that the golden leaf is expected to earn the country over $ 1 bin this year benefiting from thousands of small-scale farmers.

African Sun closed buyers and sellers only at 1.8c and 1.9c respectively after reports that the group has started a soft refurbishment exercise were it would spend at least $1.2 million at the Elephant Hills Hotel in Victoria Falls.

The Datvest All Share Index was largely unchanged after adding a modest 0.01% to 143.74 while the FBC ZSE-10 Index eased 0.11% to 153.31.

Gains in ZHL helped the Insurance Index to add 2.54 points or 2.08% to 124.83.
- zfn

Comments

Latest News

Latest Published Reports

Latest jobs