Delta helps Zimbabwe stocks recover


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Gains in beverage maker, Delta lifted the Zimbabwe Stock Exchange All Shares Index by 0.41 percent to 98.25 points today.

The industrial index advanced 0.42 percent to settle at 327.4 points while the mining index remained flat at 142.4 points.

The Top Ten index added 0.87 percent to trade at 97.88 points.

Counters captured in the Top Ten index include Delta, Econet, Old Mutual, National Foods, Hippo, BAT, Simbisa, Seedco, Innscor and Padenga.

Delta added 3.33 percent to settle at 155 cents while Meikles gained 0.34 percent to trade at 29.5 cents.

Losses were in CBZ and OML which eased 19.67 percent and 2.05 percent to close at 12.05 cents and 460.38 cents respectively.

Market capitalisation stood at $9.29 billion in the day while turnover amounted to $348 812.

Foreigners purchased shares worth $175 705 compared to sales which amounted to $124 000. – The Source

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The Insider

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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