Market Commentary 18 August 2017

Market Commentary 18 August 2017
Published: 21 August 2017
INDUSTRIALS
The Industrial Index closed the week higher at 213.15 points after putting on 1.46 points (0.69%) on the back of subdued trading. MEIKLES (MEIK.zw) was up by $0.0107 to trade at $0.2200, CFI HOLDINGS (CFI.zw) gained $0.0105 to close at $0.6100 whilst OLD MUTUAL (OML.zw) and TSL (TSL.zw) added $0.0100 each to close at $3.9525 and $0.2510 respectively. COLCOM (COLC.zw) rose by $0.0080 to $0.5025 and SEEDCO (SEED.zw)increased by $0.0072 to settle at $1.5172.

CBZ HOLDINGS (CBZ.zw), INNSCOR (INN.zw) and NATFOODS (NTFD.zw) traded unchanged at $0.1000, $0.7500 and $3.8150 respectively.

Week on week the industrial index added 2.54 points (1.21%).

MININGS
The Mining index was unchanged at 74.04 points.  BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0299, $0.0120, $0.0260 and $0.6025 respectively.  

The mining index remained unchanged compared to week ending 11 August 2017
- zse
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