Market Commentary 15 January 2018

Market Commentary 15 January 2018
Published: 15 January 2018
Turnover closed the trading session at $940,000. Foreign trades were also low today with only $2,243 being realised from sales and buys closing at $197,827.
 
Market capitalisation was nearly flat at $8.96 billion in a trading session which saw 55 trades coming through. The resources index remained unchanged at 134.37 points.

The All Share Index was 0.03 points (0.03%) lower at 94.66 points in mixed trading. PPC (PPC.zw) shed $0.0500 to close at $0.8000, CBZ (CBZ.zw) eased $0.0190 to $0.0810 and  PADENGA (PHL.zw) was down by $0.0029 to end at $0.4975. EDGARS (EDGR.zw) lost $0.0020 to trade at $0.0450 while FIRST MUTUAL HOLDINGS (FML.zw) and INNSCOR (INN.zw) were each $0.0002 weaker at $0.1948 and $0.8500 respectively. 
 
Trading in the positive territory; MEIKLES (MEIK.zw) rose by $0.0178 to close at $0.3170, TSL LIMITED (TSL.zw) put on $0.0100 to $0.4500 while OLD MUTUAL (OML.zw) closed at $4.8540 after gaining $0.0099. DELTA (DLTA.zw) shifted up by $0.0042 to end at $1.5612 while AXIA (AXIA.zw) and DAIRIBOARD (DZL.zw) each inched up by $0.0005 to trade at $0.1805 and $0.1105 respectively. 

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