EFE Securities •

7 years ago •

Market Commentary

Market Comment 28.04.2017

The Industrials extended gains for the fifth consecutive session closing the week in the black on depressed activity. The main stream Indicator marginally rose 0.03% to 142.96pts whilst, the Mining Index was stable at 66.33pts with no trades in the resources sector. Six stocks were activity for the day, as two gained against nil position of fallers while, four counters held the ground at previous prices. Simbisa led the gainers with a 0.56% rise to trade at $0.0.1785 on firming demand. Heavy cap Econet put on 0.28% to settle at $0.1805 closing with a firm bid at that level. Padenga, SeedCo, Delta and FML trade unchanged at $0.2000, $0.9475, $0.8625 and $0.0700.