Market Commentary 24 August 2017

Market Commentary 24 August 2017
Published: 24 August 2017
INDUSTRIALS
The Industrial Index winning streak continued unabated as it went up by a further 2.35 points (1.08%) to close at 220.25 points. PADENGA (PHL.zw) was $0.0300 solid at $0.3800, CFI (CFI.zw) increased by $0.0200 to close at $0.6300 and SIMBISA (SIM.zw) gained $0.0190 to $0.3500. OK ZIMBABWE (OKZ.zw) traded $0.0140 to close at $0.1300 whilst DELTA (DLTA.zw) increased by $0.0111 to settle at $1.3211.

BARCLAYS (BARC.zw) and WILLDALE (WILD.zw) lost $0.0001 each to close at $0.0360 and $0.0040 respectively. ECONET (ECO.zw), INNSCOR (INN.zw) and MEIKLES (MEIK.zw) traded unchanged at $0.4400, $0.7525 and $0.2250 in that order.

MININGS
The Mining index shed 3.87 points (5.23%) to close at 70.17 points after BINDURA (BIND.zw) came off $0.0049 to close at $0.0250. FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at previous trading levels at $0.0120, $0.0260 and $0.6025 respectively.
- zse
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