Market Commentary 12 January 2018

Market Commentary 12 January 2018
Published: 12 January 2018
The Zimbabwe Stock Exchange's market capitalisation went down to $8.96 billion on Friday from $9.14 billion the previous day. A total of 1,864,806 shares were traded with a turnover of $1.045 million being realised.

The All Share Index closed the week lower at 94.69 points after losing 1.88 points (1.95%). BRITISH AMERICAN TOBACCO (BAT.zw) came off a significant $5.0000 to close at $30.0000, INNSCOR (INN.zw) dropped $0.0998 to settle at $0.8502 while PADENGA (PHL.zw) retreated $0.0496 to $0.5004. PPC (PPC.zw) shifted down $0.0150 to end at $0.8500, MASHONALAND HOLDINGS (MASH.zw) slipped $0.0046 to $0.0300 as ARISTON (ARIS.zw) was $0.0010 weaker at $0.0160.
 
Gains were seen in HIPPO (HIPO.zw) which rose 0.0300 to $1.7300, OLD MUTUAL (OML.zw) gained $0.0265 to trade at $4.8441 and SIMBISA (SIM.zw) put on $0.0158 to end at $0.4500. Other movers were in DELTA (DLTA.zw) which added $0.0019 to close at $1.5570 and ZIMPAPERS (ZIMP.zw) inched up $0.0002 to settle at $0.0112.
- zse
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