Market Commentary 30 November 2017

Market Commentary 30 November 2017
Published: 30 November 2017
INDUSTRIALS
The Industrial Index advanced by 5.60 points (1.51%) to end at 376.69 points. SEEDCO (SEED.zw) jumped $0.3153 to close at $2.0797, LAFARGE (LACZ.zw) recovered $0.1298 to settle at $1.3798 and OLD MUTUAL (OML.zw) put on $0.0244 to $6.0030. DELTA (DLTA.zw) added $0.0236 to trade at $2.0045, ECONET (ECO.zw) rose by $0.0205 to $1.2000 while PADENGA (PHL.zw) gained $0.0100 to close at $0.5600.

Three counters lost ground; PPC (PPC.zw) dropped by a significant $0.3342 to trade at $1.4258, SIMBISA (SIM.zw) shed $0.0083 to $0.4800 while STARAFRICACORPORATION (SACL.zw) retreated $0.0020 end at $0.0200.
 
MINING INDEX
The Mining index added 0.15 points (0.12%) to settle at 126.86 points. RIOZIM (RIOZ.zw) increased by $0.0019 to $1.1999 while BINDURA (BIND.zw), FALGOLD (FALG.zw) and HWANGE (HCCL.zw) remained unchanged at previous price levels at $0.0355,  $0.0220 and $0.0380 respectively.

- zse
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