ZSE Industrials in significant gains

ZSE Industrials in significant gains
Published: 24 June 2014
The equities market today bumped a significant 1.21 percent, lifted by gains in selected heavyweight stocks.

The industrial index expanded by 2.28 points to close at 190.31 points. Cigarette manufacturer BAT gained 50 cents to trade firmer at 1 300 cents, while Natfoods added 5 cents to close at 215 cents.

Another heavyweight Delta went up 4 cents to 129 cents and ZBFH increased by a cent to trade at 4 cents.

Dairibord and Edgars both added 0.80 cents to close at 10 cents and 13 cents respectively. A couple of heavyweights also traded in the negative, but this was not enough to offset the gains.

Telecoms giant Econet traded in negative territory, retreating a cent to trade at 73 cents, while OK Zimbabwe eased 0.30 cents to 18 cents.

Padenga shed 0.10 cents to 8.90 cents and Astra lost 0.50 cents to close at 4 cents, Bindura bounced back to push the mining index up 3.93 percent as it gained 2.32 points to close at 61.32 points. Bindura increased by 0.19 cents to 4.8 cents, and minings were also bouyed by Hwange which moved up 2.99 cents to trade at 7.50 cents.

Falgold and Riozim maintained previous trading levels.
- BH24

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