Industrials in 12th consecutive gain
THE local equities market rose 1,17 percent last week, having added 1.24.
Last Friday’s trade saw the mainstream industrial index hitting a 12th consecutive rise to close the week higher at 107.03 points after a 0.49 increase.
Beverage giant Delta led the movers after putting on $0,0072 to close at $0,7297, while Simbisa added $0,0030 to trade at $0,1350 and retailer OK Zimbabwe moved up $0,0011 to settle at $0,0431. NicozDiamond was $0,0010 stronger at $0,0160 as Barclays increased by $0,0005 to $0,0275.
Two counters lost ground, NatFoods dropped a further $0,0057 to trade at $2,0843 and Old Mutual shed $0,0025 to settle at $2,1975.
The mining index was unchanged at 20.00 as Bindura, Falgold, Hwange and RioZim all maintained previous price levels. The mining index lost 0.16 on a week-on-week basis. — BH24
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