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previous week to close at 165,31 points.
The mining index was flat at 199,23 points after Hwange Colliery Company and RioZim traded unchanged at US68c and US145c respectively.
Revenue for the week came in at about US$9,7 million from 17,7 million shares traded in the last session of the week.
Delta was the most liquid counter with revenue amounting to US$3,6 million followed by Econet Wireless at US$1 million, Seed Co at US$673 998, Tractive Power at US$562 708 and Dairibord at US$479 427.
Total market capitalisation using the local share register remained unchanged from Monday’s figure of US$4,2 billion.
However, it has risen to US$4,6 billion using local and foreign registers.
After trades on Friday, OK Zimbabwe rose US0,07c to US9,6c after the firm posted improved financials.
The retailer also declared a final dividend of US0,21c with a payment date of June 24, 2011. Market analysts have noted that OK had managed to take the shrinkage head on. TSL dropped US0,50c to US8,5c after presenting interims to April 30 where managing director Mr Richard Musvaire said the company is forecasting full-year revenue growth of 35,9 percent to US$50,69 million on the back of anticipated volume increase at its divisions Agricura, TSF and Propak.
Turnall traded at its highest in 52 weeks at US11,01c. Padenga also touched its all-time high of US6,03c, up US0,03c. Fidelity closed with buyers and sellers offering US0,09c and US0,0,10c respectively. It remains the top gainer on a year-to-date basis as the stock rose by 309,1 percent followed by Cafca, which gained by 275 percent.
Interfresh traded only 500 shares unchanged at US0,02c worth US$20.
There was increased participation by foreign investors on the selling side through two special bargains in Delta Corporation and TPH, which saw daily total turnover on Friday quadruple to US$S3,7 million.
Foreign purchases declined 66 percent to a mere US$109 536 against total foreign outflows of US$3 million. A total of 2 955 819 Delta shares were exchanged at a price of US0,80c each in a trade worth about US$2,3 million while normal trades closed at US78,7c.
Foreign investors were also on the selling side in a special bargain worth about US$4 million. A local investor snapped TPH shares at US0,12c in a trade worth US$491 495. On a year-to-date basis the mining index has dropped 0,58 percent dragged by loses in Bindura which has lost 38 percent, RioZim has declined 24 percent while Falgold has shed 63 percent.
Hwange was the only mining counter in the positive with a gain of 28 percent.
With only two weeks from the end of the second quarter, the industrial index has advanced 9,1 percent, well below investment rates offered in the money market, which average around 18 percent for 180 days.
This, however, does not imply that the money market is performing better than the equities market since the high rates are indicative of the high default risk premium of the borrowers in the money market coupled with the credit risk of the fragile financial sector.