Zimbabwe stocks down


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The Zimbabwe Stock Exchange industrial index eased 0.74 percent to settle at 324.98 points today weighed down by losses in Simbisa and OK Zimbabwe while the mining index remained flat at 142.4 points.

The Top Ten index lost 0.36 percent to trade at 97.53 points.

Market capitalisation stood at $9.23 billion in the day mirroring the loss recorded by the industrial index while the market turnover amounted to $781 935.

Losses were in Simbisa and OK Zimbabwe which eased 2.89 percent and 17.5 percent to close at 45.64 cents and 16.5 cents respectively.

Dawn and PPC also lost 15 percent and 8.89 percent to close at 1.7 cents and 94.75 cents respectively.

Additionally, Wildale dropped 5.48 percent to trade at 0.69 cents.

However, Zimre added 19.69 percent to trade at 3.1 cents while Edgars advanced 16.92 percent to settle at 4.7 cents.

Mobile operator, Econet added 0.28 percent to settle at 90.25 cents.

FBC and OML also added 0.25 percent and 0.16 percent to trade at 20.05 cents and 461.1 cents respectively.

Foreigners purchased shares worth $351 618 compared to sales which amounted to $62.- The Source

(45 VIEWS)

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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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