RioZim drives resources index gains

HARARE, November 9 (The Source) – The Zimbabwe Stock Exchange industrial index gained 0,59 percent to 533,2 points on Thursday while the mining index advanced 1,89 percent to 137,94 points powered by RioZim.

Market capitalisation stood at $15,2 billion while turnover amounted to $9,6 million.



Beverage maker, Delta advanced 0,93 percent to settle at 323,07 cents in the day.

Innscor gained 0,14 percent to close at 168,32 cents while telecoms giant Econet advanced 1,29 percent to settle at 188,12 cents.

Seedco added 0,07 percent to close at 320 cents.

Cafca, PHL and Barclays added 19,97 percent, 2,25 percent and 1,95 percent to trade at 34,55 cents, 81,5 cents and 8,87 cents respectively.

Partially offsetting the gains recorded in the day were Ariston, ZB and Mashonaland Holdings which eased 8,85 percent, 5 percent and 0,69 percent to trade at 1,75 cents, 38 cents and 7,21 cents respectively.

On the mining space, RioZim advanced 2,85 percent to settle at 119,53 cents.

Hwange, Bindura and Falgold remained unchanged at 3,8 cents, 5 cents and 2,2 cents respectively.

Foreigners were net sellers in the day, disposing shares worth $4,5 million compared to buys of $3,6 million.