Market Commentary 28 August 2017

Market Commentary 28 August 2017
Published: 28 August 2017
INDUSTRIALS
The Industrial Index opened the week on a higher note  putting on 3.57 points (1.61%) to close at 225.65 points. DELTA (DLTA.zw) gained $0.0374 to close at  $1.3585, SIMBISA (SIM.zw) was up $0.025 to $0.3750 and CFI (CFI.zw) increased  by $0.0237 to settle at $0.6752. SEEDCO (SEED.zw) went up by $0.0130 to trade at $1.563 and ECONET (ECO.zw) added $0.0125 to close at $0.4650. OLD MUTUAL also gained $0.0109 to $4.0509 and INNSCOR (INN.zw) rose by $0.0089 to settle at $0.7689.

There were no counters in the negative territory.

MININGS
The Mining index went down by 0.40 points (0.57%) to close at 69.77 points after BINDURA (BIND.zw) lost $0.0005 to close at $0.0245. 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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