EFE Securities •

11 years ago •

Market Commentary

Market Comment 26.08.13

The ZSE Industrials was in a marginal -0.20% loss in week opening trades to close at 183.53pts while the mining index was flat at 48.05pts in a thinly traded session. The total active stocks numbered 23 counters in which 2 risers emerged, 4 lost and 17 were unchanged. Funds directed to the market plummeted -71.2% to $0.59mn as market uneasiness kept foreign investors at bay with buys coming off -99.1% to $0.01mn and sales down -86.3% to $0.18mn. An outflow position of 0.17m was registered. However, volumes were +10.8% up to 5mn shares boosted by a block of 2.7mn Mash that changed hands at 2.91c.