EFE Securities •

7 years ago •

Market Commentary

Market Coment 12.04.2017

The ZSE rebounded in mid-week trades amidst improved market wide activity that saw fourteen active stocks yielding sixty eight trades across the board. The benchmark industrials Index put on 0.21% and settled at 140.36pts while, the Mining Index added 1.31% to 60.11pts. Eight counters closed with changed prices dominated by gainers that numbered seven against a single faller, setting a positive breadth for the day. Headlining the risers was Ariston with rallied 20% and touched $0.0060 with Econet following on a 4% lift to $0.1716 in a culmination of the recent firm demand. Nickel Miners Bindura rebounded 3.45% and settled at $0.0300, as Padenga firmed 0.54% and ended at $0.1865. Completing the top risers was BAT which gained 0.33% and touched a year high of $15.3500. The sole faller of the day was retailers OKZIM who succumbed 1.61% to $0.0610.