Published: 16 January 2014

ZSE opened the New Year on a low note with only 1 counter trading In the green, 4 In the red while 7 remained unchanged resulting in the Industrials slipping back to the negative territory mostly weighed down by losses in Delta.

The Industrials Index eased 1 point or 0.49% to 201.99 as heavyweight counter Delta dropped 0.07% each to 140c.

Telecoms giant Econet traded unchanged at 60c while OK Zimbabwe closed 18c buyers and 20c sellers only.

Please note that Innscor traded at 80c on Tuesday December 31 and not at 88c as indicated on our price sheet Thus today Innscor closed unchanged at 80c.

The Minings Index remained stable at 45.79 points as Bindura traded unchanged at 2c.

Daily market turnover significantly dropped to $335 872 on a volume of 1.531 million shares against Tuesday's $1.378 million on a volume of 4.59 million.

Edgars was the only counter to trade in the green, advancing 0.39c or 322% to 12.5c.

Barclays led the top fallers, shedding 0.4c or 9.09% to 4c while Fidelity Life eased a marginal 0.01c or 0.08% to 13c.

The Zfn board was largely in the red with the benchmark Datvest All Share index losing 0.21 points or 0.15% to 13528 while the blue chips measure, the FBC ZSE-10 Index was 0.04 points or 0.03% weaker at 141.68.

The Banking Index was 1.55 points or 1.83% down at 82.98 dragged by losses in Barclays.

The Truworths Retail Index was the only sector to manage gains after adding 1.10 points or 0.40% to 276.22 after positive trades in Edgars.

- zfn

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