MARKET COMMENTARY 27/02/17

INDUSTRIAL INDEX

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134.83                                                     134.90

MINING INDEX

60.89                                                         60.89  

INDUSTRIALS

The Industrial Index opened the week on a high note after gaining 0.07 points (0.05%) to close at 134.90 points.MEIKLES (MEIK.zw) gained  $0.0150 to trade at $0.1000 while NATFOODS (NTFD.zw) picked up  $0.0125 to close at $3.5250.DELTA (DLTA.zw) also gained $0.0040 to  close the day at $0.8165. 

In the negative territory was SEEDCO (SEED.zw) which lost $0.0275 to $0.9500 and OK ZIMBABWE (OKZ.zw) dropped to $0.0700 after shedding $0.0008.

MININGS

The Mining index was steady at 60.89 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 $0.3270 respectively.