ZSE Industrials takes a dip

ZSE Industrials takes a dip
Published: 17 June 2014
The equities market has bucked a five-day bullish trend to drop by a marginal 0.01 percent in today's trades.

The industrials index retreated 0.02 points to close at 181.03 points although today's session was dominated by positive trades.

TSL eased 2 cents to settle at 28 cents, while seed producer SeedCo lost a cent to 70 cents.

Banker Barclays dropped 0.10 cents to trade at 3.50 cents.

On the upside, cigarette manufacturer BAT added 10 cents to 1 210 cents, while giant insurer Old Mutual was up 2.08 cents to close at 253 cents.

TA Holdings gained 0.76 cents to 6.26 cents and Truworths was up 0.70 cents to 2.50 cents.

Conglomerate Innscor advanced 0.50 cents to 77.50 cents even after losing a court appeal against the decision of the Competition and Tariffs Commission's intention to penalise it for breaching the regulatory procedures in its acquisition of a majority stake in Natfoods.

Fidelity Life rose 0.48 cents to close at 8 cents.

Bindura continued on a bullish run, today gaining 0.39 cents to trade at 4 cents. This pushed up the mining index 3.51 points (or 7.23 percent) to close at 52.08 points.

Falgold, Hwange and Riozim maintained previous trading levels.
- BH24

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