Market Commentary 21 June 2018

Market Commentary 21 June 2018
Published: 21 June 2018
The Zimbabwe Stock Exchange slipped again on Thursday with the Top 10 index edging down 2.85 percent to close at 112.35 points. Turnover closed at $2,640,530.

The industrials and All Share indexes slipped 2.16 percent and 2.13 percent to settle at 365.69 points and 109.70 points, respectively.

Old Mutual closed 1.32 percent firmer to 608.55 cents and Proplastics's share price popped 1.24 percent to 9.80 cents.
However, SeedCo led the fallers after its stock price retreated 15.98 percent to 230 cents. Delta Corporation declined 4.88 percent to close at 190.10 cents with the telecoms giant Econet Wireless also shedding 0.19 percent to reach 116.46 cents. Cement manufacturer. PPC Zimbabwe. was also in the red after its share price marginally eased 0.07 percent to 120 cents. Simbisa Brands eased 0.48 percent to close at 47.75 cents.
The mining index was unchanged at 162.47 points.
- zse
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