Market Commentary 26 February 2018

Market Commentary 26 February 2018
Published: 26 February 2018
Turnover went down to $967,056 in a move which saw 73 trades coming through. Foreign buyers closed the trading session at $559,202 with sellers at $277. Market capitalisation also closed at $8.36 billion.

The All Share index opened the week lower at 87.85 points after losing 0.44 points (0.50%). SEEDCO (SEED.zw) came off $0.0492 to close at $1.9008, AFDIS (AFDS.zw) dropped $0.0300 to trade at $1.4500 and ECONET (ECO.zw) eased $0.0095 to $0.6807. DELTA (DLTA.zw) went down by $0.0071 to settle at $1.5900, FIDELITY LIFE (FIDL.zw) slipped $0.0060 to end at $0.0900 while mining company BINDURA (BIND.zw)  was $0.0044 weaker at $0.0330.

Three counters gained ground as  PPC (PPC.zw) gained $0.0141 to $0.8691, ZIMPLOW (ZIMW.zw) added $0.0080  to trade at $0.0900 whilst CBZ HOLDINGS (CBZ.zw) rose by $0.0017 to end at $0.1037.

- zse
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