MARKET COMMENTARY 22/02/17

INDUSTRIAL INDEX

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135.76                                                 135.82

MINING INDEX

60.85                                                   60.85  

INDUSTRIALS

The Industrial Index was up 0.06 points (0.04%) to close at 135.82 points. BRITISH AMERICAN TOBACCO (BAT.zw) gained $0.0144 to trade at $15.0500; DELTA (DLTA.zw) added $0.0081 to $0.8100 while COLCOM (COLC.zw) and PPC (PPC.zw) were each $0.0050 stronger at $0.3650 and $0.5900 respectively. 

Trading in the negative, SEEDCO (SEED.zw) shed $0.0200 to $0.9900 and ECONET (ECO.zw) retreated $0.0042 to settle at $0.1608. NTS (NTS.zw) lost $0.0014 to trade at $0.0101, SIMBISA (SIM.zw) put off $0.0009 to end at $0.1616 whilst HIPPO (HIPO.zw) inched down $0.0005 to close at $0.3675.

MININGS

The Mining index was flat at 60.85 points. BINDURA (BIND.zw), FALGOLD (FALG.zw), HWANGE (HCCL.zw) and RIOZIM (RIOZ.zw)  remained unchanged at previous trading levels at $0.0400, $0.0100, $0.0300 and $0.3265 respectively.