EFE Securities •

7 years ago •

Market Commentary

Market Comment 04.05.2017

The Industrial Index recorded a marginal gain in subdued Thursday trades. Total value outturn for the day was a mere $90,432 having plunged 94.75% on prior session, aggregate volume slumped 98.44% to 754,187 shares. Axia was the most liquid stock of the day after claiming 76.21% on the volumes exchanged and 48.17% of the value outturn. Other notable trades were in Padenga and Innscor which contributed 38.05% and 6.75% of the value outturn. Foreign participation was also depressed as a nil position was recorded on the purchases side while outflows registered a mere $1,463 which was down 91.71% on yesterday. The Mining Index was stable at 70.22pts with no activity in the subsector.