Market Commentary 1 March 2018

Market Commentary 1 March 2018
Published: 01 March 2018
Turnover came down to $731,715, with average traded being realised across counters. Market capitalisation stood at $8.37 billion in a trading session which saw foreign buys closing at $198,322 and sales at $188,662.

The All Share index retreated 0.17 points (0.19%) to close at 87.86 points as three counters lost ground. SIMBISA (SIM.zw) led the losers with a $0.0100 loss to close at $0.3900, ECONET (ECO.zw) shed $0.0073 to $0.6800 while AXIA (AXIA.zw) was down by $0.0050 to end at $0.1750.

Trading in the positive; OLD MUTUAL (OML.zw) added $0.0149 to close at $5.3249 and MEIKLES (MEIK.zw) rose by $0.0050 to $0.3050 whilst  PADENGA (PHL.zw) closed at $0.4398 following a $0.0023 increase. PPC (PPC.zw) went up by $0.0019 to close at $0.8725, PROPLASTICS (PROL.zw) put on $0.0010 to trade at $0.0730 while BARCLAYS (BARC.zw) inched up $0.0002 to end at $0.0432.


- zse
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