Heavyweights buoy ZSE

Heavyweights buoy ZSE

HARARE, October 4 (The Source) – The Zimbabwe Stock Exchange on Wednesday advanced 1,27 percent to 432,96 points while the mining index gained 0,82 percent to 140,71 points on heavyweights.

Market capitalisation reached $12,2 billion while market turnover amounted to $3,6 million.


Delta gained 0,22 percent to close at 276,02 cents while Econet advanced 4,57 percent to settle at 96,81 cents.

BAT added 3,2 percent to close at 3,200 cents.

National Foods and Innscor gained 1,8 percent and 0,02 percent to settle at 615,6 cents and 180 cents respectively.

Ok Zimbabwe gained 2,8 percent to close at 31 cents while  Old Mutual and Padenga added  0,3 percent apiece to trade at 969,45 cents and 89,99 cents respectively.

Additionally, Zimpapers advanced 19,63 percent to settle at 1,28 cents .

Zimre holdings and Fidelity Life assurance also gained 19,05  percent and 17,65 percent to settle at 2,5 cents and 16 cents respectively.

Brick maker, Willdale advanced 9,37 percent to close at 0,7 cents in the day while Barclays added 6,06 percent to trade at 7 cents.

On the losers pack ,Star Africa eased 19,48 percent to settle at 1,86 cents.

Zimre Property eased 3,70 percent to settle at 2,6 cents while Mashonaland Holdings eased 0,57 percent to settle at 3,5 cents.

CFI holdings sheds 0,37 percent to close at 68 cents.

On the mining space, Riozim gained 1 percent to close at 100 cents while Bindura gained 0,7 percent to trade at 7,2 cents in the day. Falgold  and  Hwange   remained unchanged at their previous prices respectively.

Foreigners were net sellers in the day disposing shares worth $974,154 compared to buys worth $499,089.