Market Commentary 7 December 2017

Market Commentary 7 December 2017
Published: 07 December 2017
INDUSTRIALS
The Industrial Index rebounded 0.61 points (0.18%) to close at 342.81 points. OK ZIMBABWE  (OKZ.zw) added $0.0276 to end at $0.2176, AXIA (AXIA.zw) put on $0.0084 to $0.1685  while DELTA (DLTA.zw) rose by $0.0056 to trade at $1.5625. CFI (CFI.zw) was up by $0.0046 to close at $0.7050 while INNSCOR  (INN.zw) was $0.0042 higher at $1.0999.
 
Losses were seen in SIMBISA (SIM.zw) which dropped by $0.0300 to close at $0.3900 and BRITISH AMERICAN TOBACCO (BAT.zw) shed $0.0248 to end at $36.8752. SEEDCO (SEED.zw) decreased by $0.0098 to settle at $2.0839, PADENGA (PHL.zw) shifted down $0.0094 to $0.5500 while NMB HOLDINGS LIMITED (NMB.zw) closed at $0.0900 following a $0.0068 loss.

MINING INDEX
The Mining index was slightly up by 0.33 points (0.25%) to settle at 132.79 points. BINDURA (BIND.zw) rose by $0.0004 to $0.0430 while RIOZIM (RIOZ.zw) inched up by $0.0001 to close at $1.2000. HWANGE (HCCL.zw) and FALGOLD (FALG.zw) remained unchanged at previous price levels at $0.0380 and $0.0220. 

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