ZSE Industrials Index back into positive territory

Published: 27 August 2013

The Industrials Index see-sawed back into positive territory on Tuesday gaining 027 points or 0.15% to 183.80 with gains in OK Zimbabwe cancelling the losses in heavyweights Delta ana Econet.

Blue chips Delta and Econet eased 0.01% and 0.30% each to 111c and 49.5c respectively.

Heavyweight OK Zimbabwe closed amongst the top 5 gainers on the market adding 1.01c or 4.81% to 22.01c. Innscor traded unchanged at 86c.

The Mining Index was steady at 48.14 points. Bindura, Falgold, Hwange and RioZim were unchanged.

Daily market turnover significantly increased to $2,697 million on a volume of 5.339 million shares against yesterday's $588 283 on a volume of 5.019 million shares.

The top riser on the day was Zimplow Holdings adding 0.50c or 1429% to 4c whie Art gained 0.05c or 11.11 % to 0.5c. Masimba and DZLH added 5.88% and 5.26% each to 9c and 20c respectively.

FBC added a marginal 0.01c or 0.11% to 9.52c and clothing retailer Truworths dosed 0.37% firmer at 2.71a

CFI led the top losers shedding 2c or 33.33% to 4c and Aico Africa dropped 1c or 18.18% to 4.5c while its subsidiary SeedCo closed in the green adding 3c or 3.90% to 80c.

Other fallers were ZHLand NicozDiamond which eased 17.29% and 5.88% each to 1.1c and 1.6c respectively. Bankers Barclays dosed 5.71% weaker at 3.3c.

African Sun dropped 0.06c or 2.84% to 2.05c while Meikles recorded a 1.69% decrease of 0.50c to 29c.

The Datvest All Share Index recovered 0.16 points or 0.13% to 122.70 while the FBC ZSE-10 Index was 0.48 points or 0.38% firmer at 125.54.

Losses in counters NicozDiamond and ZHL saw the Insurance Index closing 3.85 points or 3.07% weaker at 121.38.

Retail counters were buoyant win gains h OK Zimbabwe and Truworths pushing the Truworths Retail Index 11.35 points or 4.13% up to 286.21.

Exhibition at the Harare Agricultural Show

Today the trading session was held at the Harare Agricultural Show, to enable show goers to have an opportunity to witness real transactions and appreciate the workings of the Exchange.

On Friday 30 August 2013 at 1000hrs, another session will be held at the Harare Agricultural Show, Harare Exhibition Park, ZAS Stand EE34, in the East End Hall. All members of the public are welcome.
- zfn