EFE Securities •

6 years ago •

Market Commentary

Market Comment -17.01.2018

Mixed trades were witnessed in a mid-week session that saw the main stream All shares Index easing 0.64% to 93.24pts weighed down mainly by a 4.59% retreat in market leaders Econet which closed at $0.8227. The telecoms giant closed well offered at $0.8000 as selling pressure mounts from desperate sellers, in search of liquidity. The Industrial Index dropped by 0.58% to 311.37pts, and the Top 10 Index trimmed off 0.71% to settle at 92.84pts.