Industrials edge towards 500 point mark

ZSE1
HARARE – The Zimbabwe Stock Exchange’s mainstream Industrial Index marched towards the 500 points mark after adding 7.49 points to close at 494.64 as the daily turnover surged significantly.

Cement maker PPC added $0, 2447 to close at $3, 0397, while telecoms giant Econet moved up $0, 0998 to close at $1, 7108 and Old Mutual gained $0, 0886 to settle at $14, 0704.

First Mutual was $0, 0241 solid at $0, 1681, while Hippo increased by $0, 0185 to close at $1, 4700 and Nampak put on $0, 0144 to close at $0, 1400.

BAT retreated $0, 8148 to close at $35, 6094, while CFI dropped $0, 0050 to trade at $0, 6950 and Innscor lost $0, 0016 to trade at $1, 7849.

Zimplow slipped $0, 0002 to $0, 0810 and FBC was marginally lower by $0, 0001 to close at $0, 2400.

The Mining Index gained 3.87 points to close at 141.39 as RioZim ended $0, 0600 higher at $1, 1000. But on the downside, BNC lost $0, 0010 to close at $0, 0640.

Falgold and Hwange were unchanged. – BH24 Reporter

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