Published: 20 December 2013

ZSE Industrials snapped its 9-day losing streak buoyed by gains in Innscor which led the top 5 risers on Friday ahead of the Unity Day.

The Industrials Index gained 3.12 or 1.57% to 201.98 as conglomerate Innscor closed 6.567% firmer at 80c while OK Zimbabwe added 0.10c or 0.50% to 20.1c.

Heavyweights Delta and Econet closed unchanged at 140c and 61.99c respectively. Meanwhile, Hippo led the top 5 fallers, shedding 10c or 11.11% to 80c.

Old Mutual eased 5c or 1.92% to 255c.

Minings remained stable at 45.79 with Bindura trading unchanged at 2c.

Daily market turnover improved to $1.866 million on a volume of 16.21 million shares against yesterday's $1.141million on a volume of 3.181 million shares.

Meanwhile, weekly turnover significantly dropped to $6.832 million on a volume of 49.99 million shares from last Friday's $14.37 million on a volume of 80.68 million shares.

Other counters to close in the positive were clothing retailer Truworths and ZPI adding 5% and 4% each to 4.20c and 1.30c respectively. Mash added 0.05c or 1.56% to 3.25c.

Padenga recorded a 1.19% increase of 0.10c to 8.50c.

NicozDiamond traded on the downside, easing 0.10c or 6.67% to 1.40c while Meikles dropped 1c or 5% to 19c. Meanwhile cement-manufacturers Lafarge and PPC were amongst the top 5 losers, dropping 4.35% and 2.13% each to 110c and 230c respectively.

Aico Africa closed unchanged at 7c after reports that the firm has warned that it faces foreclosure if shareholders vote against a proposed unbundling exercise meant to raise $50 million to pay off debts.

- zfn

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