Date: Thursday, 29th September 2016    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
FIRST MUTUAL 2.21 0.01 0.45% -3.91%
SEEDCO 59.75 0.25 0.42% -28.66%
DELTA 62.25 0.19 0.31% -11.70%
Counter Price   Δ USc % Δ % Δ YTD
CBZ 9.96 -0.02 -0.20% -9.37%

 

INDUSTRIAL INDEX
99.60
 0.11%
MINING INDEX
25.98
 0.00%
Market Commentary

ZSE extend gains Ö

The industrials stretched its gains into weekending to see the main indicator tick up by a marginal 0.53% and ended pegged at 98.89pts. Significant activity was seen in few selected stocks with the marketís top trades being recorded in Innscor which exchanged 2.1m shares. This came in the aftermath of the groupís FY16 results published yesterday where the management reported a 6% increase in revenue with PAT rising 32% to $30.4m for continuing operations. The other notable trade was recorded in CBZ and BAT which claimed 12.24% and 10.99% respectively on the value traded. Innscor anchored both aggregates with 46.82% on volumes traded and 63.97% of the value outturn. Turnover for the day fell 9.74% to $0.76m while, volumes notched 26.43% to 4.5m shares. Foreign purchases ballooned 409.7% to $0.46m while, disposals stood at $0.51m shares and added 35.73% on prior levels.

Two stocks ... [more]

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Counter Price   Δ USc % Δ % Δ YTD
FIRST MUTUAL 2.21 0.01 0.45% -3.91%
SEEDCO 59.75 0.25 0.42% -28.66%
DELTA 62.25 0.19 0.31% -11.70%
Counter Price   Δ USc % Δ % Δ YTD
CBZ 9.96 -0.02 -0.20% -9.37%
Market Commentary

ZSE extend gains Ö

The industrials stretched its gains into weekending to see the main indicator tick up by a marginal 0.53% and ended pegged at 98.89pts. Significant activity was seen in few selected stocks with the marketís top trades being recorded in Innscor which exchanged 2.1m shares. This came in the aftermath of the groupís FY16 results published yesterday where the management reported a 6% increase in revenue with PAT rising 32% to $30.4m for continuing operations. The other notable trade was recorded in CBZ and BAT which claimed 12.24% and 10.99% respectively on the value traded. Innscor anchored both aggregates with 46.82% on volumes traded and 63.97% of the value outturn. Turnover for the day fell 9.74% to $0.76m while, volumes notched 26.43% to 4.5m shares. Foreign purchases ballooned 409.7% to $0.46m while, disposals stood at $0.51m shares and added 35.73% on prior levels.

Two stocks ... [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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