Market Commentary 08 August 2017

Market Commentary 08 August 2017
Published: 08 August 2017
INDUSTRIALS
The Industrial Index continued in the positive trend gaining 1.08 points (0.52%) to settle at 208.90 points. COLCOM (COLC.zw) went up by a hefty $0.0821 to end at $0.4945, CFI (CFI.zw) added $0.0171 to $0.5274 while SEEDCO (SEED.zw) put on $0.0085 to trade at $1.4735. SIMBISA (SIM.zw) shifted up $0.0050 to close at $0.2925, INNSCOR (INN.zw) increased by $0.0026 to $0.7301 while DELTA (DLTA.zw) and OK ZIMBABWE (OKZ.zw)  each advanced by $0.0025 to trade at $1.2800 and $0.1100 respectively.
 
There were no trades in the negative territory while AXIA (AXIA.zw), MEIKLES (MEIK.zw),  OLD MUTUAL (OML.zw) and PPC (PPC.zw) traded unchanged at $0.1265,  $0.2000, $3.9400 and $0.7100 in that sequence.

MININGS
The Mining index was flat at 73.92 points. BINDURA (BIND.zw),  FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0300, $0.0120, $0.0260 and $0.6000 respectively.

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