EFE Securities •

7 years ago •

Market Commentary

Market Coment 19.04.2017

The market maintained its rising momentum in the first post-holiday session though activity remains rather subdued. The benchmark Industrial Index added 0.12% and settled at 141.09pts while, the Mining Index was flat at 60.12 on lack of activity. There were only two movers for the day both closing in the black to spur the industrial gains and leave the market with a positive breadth. Nampak firmed 6.67% in a rare trade for the tightly held packaging group that lifted it to $0.0320 while food processing and packaging giant National Foods added 1.27% on solid demand and closed at $3.6000.