EFE Securities •

7 years ago •

Weekly Reports

Weekly 17.03.2017

Resurgent demand in market heavies propelled the benchmark Industrial Index to a rise for the week as demand continued to return to the market. The industrials put on 1.56% week on week and settled at 137.47pts and in the process narrowed the year to date loss to 4.88%. The less active Mining Index retreated 0.13% week on week and closed at 53.59pts following losses in coal miners Hwange; on a year to date basis the index is down 8.41%. Meanwhile, the tobacco selling season opened this week with the golden leaf highly anticipated to ease the country’s