EFE Securities •

7 years ago •

Market Commentary

Market Coment 03.04.2017

The ZSE lost ground in Monday’s trades as the main indicator fell 0.06% with three bears against four risers to set a negative breadth of one. Agricultural concern SeedCo led the fallers with a 2.04% drop to $0.0.9306 as 366,880 shares exchanged hands. Trailing was Colcom that reversed its previous gains and came off 0.67% to settle at $0.3700, closing with a firm bid at that level. The risers for the day were led by Willdale that ticked up 40% to $0.0.0035 while, CFI traded 1.65% higher at $0.1235. Heavy caps Old Mutual and Natfoods completed the risers list after putting on 0.23% and 0.07% to end pegged at $3.5700 and $3.5400 respectively as demand persists in these stocks. The Mining Index closed flat at 58.56pts with trades only seen in RioZIM which traded unchanged at $0.4000 for 24,457 shares.