Industrials bullish form continues

HARARE – The local bourse continues to defy the odds – albeit temporarily – as the mainstream industrial extended yesterday’s gains with a further 0.28 to close at 99.78 on gains in heavyweight Delta Beverages.

Delta was the only counter trading in the positive territory adding $0,0100 to settle at $0,5500 while meat processor Colcom, giant insurer Old Mutual and Padenga traded unchanged at $0,1450, $1,8000 and $0,0600 in that order.

But conglomerate Innscor shed $0,0040 to close at $0,1800 and First Mutual slipped $0,0020 to $0,0200 while Barclays shifted down $0,0010 to trade at $0,0330.

The mining index was flat at 19.14 as Bindura, Falgold, Hwange and RioZim all maintained previous price levels at $0,0095, $0,0050, $0,0300 and $0,1040 respectively.

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