Date: Thursday, 1st September 2016    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 1.80 0.10 5.88% -57.65%
OLD MUTUAL 250.84 0.84 0.34% 23.32%
MEIKLES 7.34 0.02 0.27% -13.65%
ECONET 19.95 0.00 0.00% -5.41%
Counter Price   Δ USc % Δ % Δ YTD
AXIA CORPORATION 3.20 -4.30 -57.33% 0.00%
NTS 1.40 -0.30 -17.65% -17.65%

 

INDUSTRIAL INDEX
99.95
 0.10%
MINING INDEX
26.32
 0.00%
Market Commentary

Industrials swing into the red…

The mainstream industrial Index reversed yesterday’s gains in Tuesday trading session with the index dropping 0.44% to settle at 99.47pts amidst mixed trading in heavy cap stocks. Selling pressure in beverages stock Delta dragged the index with a hefty 1.47% fall to $0.6503 closing well offered at a lower price of $0.6475 with buyers at $0.6000. Other heavies to trade in the negative were Econet and CBZ which shed 0.75% and 0.48% to end the session at $0.1980 and $0.1030 respectively. NTS emerged the top faller of the day after succumbing 14.29% to trade at $0.0120 while, ART eased 1.45% and closed at $0.0340. CFI reversed its successive previous gains after dropping 0.84% to close at a vwap of $0.0942. On the risers side were four heavies Padenga, Innscor, SeedCo and Old Mutual which gained 1.62%, 0.52%,0.44% and 0.27% and closed the session at $0.1036, $0.1930, $0.5725 and $2.5710... [more]

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Counter Price   Δ USc % Δ % Δ YTD
BARCLAYS 1.80 0.10 5.88% -57.65%
OLD MUTUAL 250.84 0.84 0.34% 23.32%
MEIKLES 7.34 0.02 0.27% -13.65%
ECONET 19.95 0.00 0.00% -5.41%
Counter Price   Δ USc % Δ % Δ YTD
AXIA CORPORATION 3.20 -4.30 -57.33% 0.00%
NTS 1.40 -0.30 -17.65% -17.65%
Market Commentary

Industrials swing into the red…

The mainstream industrial Index reversed yesterday’s gains in Tuesday trading session with the index dropping 0.44% to settle at 99.47pts amidst mixed trading in heavy cap stocks. Selling pressure in beverages stock Delta dragged the index with a hefty 1.47% fall to $0.6503 closing well offered at a lower price of $0.6475 with buyers at $0.6000. Other heavies to trade in the negative were Econet and CBZ which shed 0.75% and 0.48% to end the session at $0.1980 and $0.1030 respectively. NTS emerged the top faller of the day after succumbing 14.29% to trade at $0.0120 while, ART eased 1.45% and closed at $0.0340. CFI reversed its successive previous gains after dropping 0.84% to close at a vwap of $0.0942. On the risers side were four heavies Padenga, Innscor, SeedCo and Old Mutual which gained 1.62%, 0.52%,0.44% and 0.27% and closed the session at $0.1036, $0.1930, $0.5725 and $2.5710... [more]

Market Comment -23.08.2016
The Industrials continued with its northwards charge in Tuesday trades lifted by firming demand in Old Mutual despite the low activity prevailing on...

Market Comment -22.08.2016
The market ticked up in a dull week-opener with the benchmark Industrial Index putting on 0.02% to 99.85pts while, the Mining Index succumbed 0.11%...

Weekly-19.08.16
It was a third successive week on week rise for the market in the month of August 2016 despite thinning trades across the board as interest in the...

Market Comment -19.08.2016
The Industrial Index slowed down in week ending trades easing 0.02% to 99.83pts and capped a week of swinging...

Market Comment -18.08.2016
The ZSE Industrial Index closed in a marginal 0.24% gain to 99.85pts in Thursday trades that saw a fairly bullish trend as four stocks rose against...


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