Market Commentary 27 September 2017

Market Commentary 27 September 2017
Published: 27 September 2017
INDUSTRIALS
The Industrial Index gained a further 14.36 points (3.68%) to settle at 404.37 points bringing the index to an all time high. BRITISH AMERICAN TOBACCO (BAT.zw) gained by a hefty $2.0000 to end at $30.0000, DELTA (DLTA.zw) added $0.19995 to close at $2.7259 while INNSCOR (INN.zw) went up by $0.0985 to trade at $1.5947. Other gains were in SEEDCO (SEED.zw) which increased by $0.0571 to $2.4095, PPC (PPC.zw) put on $0.0563 to end at $1.1975 while CBZ (CBZ.zw) was up $0.0244 to settle at $0.2244.
 
HIPPO (HIPO.zw) led the shakers with a $0.0566 loss to trade at $1.3700, FIDELITY LIFE (FIDL.zw) came off $0.0025 to $0.1350 and TSL (TSL.zw) eased $0.0018 to end at $0.3525.

MININGS
The Mining index retreated 0.40 points (0.37%) to close at 108.48 as BINDURA (BIND.zw) dropped $0.0005 to trade at $0.0420. FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw) remained unchanged at $0.0200, $0.0374 and $0.9000 respectively. 

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