Market Commentary 3 April 2018

Market Commentary 3 April 2018
Published: 03 April 2018
April trades on the Zimbabwe Stock Exchange opened with unimpressive turnover but the market closed with a small gain after positive trades in just three counters. At close, turnover was just $209 000 with over 27 trades coming through.

The All Share index inched up 0.02 points (0.02%) to settle at 87.00 points. Three counters gained ground as POWERSPEED (PWS.zw) added $0.0014 to close at $0.0700, ARISTON (ARI.zw) put on $0.0008 to $0.0120 whilst OLD MUTUAL (OML.zw) was marginally up by $0.0005 to end at $5.6200.

There were no trades in the negative territory while heavyweights DELTA (DLTA.zw), ECONET (ECO.zw), INNSCOR (INN.zw),  PPC (PPC.zw) and SEEDCO (SEED.zw) traded unchanged at $1.5875, $0.6700, $0.9700, $0.9625 and 1.9500 in that order.
- zse
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