Market Commentary 18 September 2017

Market Commentary 18 September 2017
Published: 18 September 2017
INDUSTRIALS
The Industrial Index retreated 9.41 points (2.35%) to end at 390.62 points. DELTA (DLTA.zw)  was down $0.2571 to close at $2.7000, INNSCOR (INN.zw) shed $0.0248 to $1.5020 while MEIKLES (MEIK.zw) eased $0.0071 to trade at $0.4000. DAIRIBOARD (DZLH.zw)  lost $0.0055 to close at $0.1600 and MASIMBA (MSHL.zw) was $0.0010 weaker at $0.0590.

Losses were countered by gains in LAFARGE (LACZ.zw) which put on $0.1000 to $0.6000 while HIPPO (HIPO.zw) advanced $0.0949 to trade at $1.4449. OLD MUTUAL (OML.zw) went up by $0.0776 to settle at $6.8000, ZB FINANCIAL HOLDINGS (ZBFH.zw) added $0.0500 to end at $0.3100 whilst CFI (CFI.zw) gained $0.0273 to $0.6635.

MININGS
The Mining index gained a marginal 0.01 points (0.01%) to settle at 91.47 points after RIOZIM (RIOZ.zw)  inched up $0.0001 to end at $0.7301. BINDURA (BIND.zw),  FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at $0.0380, $0.0200 and $0.0312 respectively.
- zse
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