Published: 27 June 2014

The equities market lost for a third consecutive day in today's trades, going down 0.68 percent on the back of losses in a couple of heavyweights.

The industrial index closed the week lower at 187.08 points after shedding 1.29 points. Three counters traded in the negative territory.

Giant telecoms, Econet traded 3.10 cents lower at 66.90 cents, while Edgars lost 0.70 cents to trade at 12.30 cents. Meikles eased 0.11 cents to 19.99 cents.

On the upside, Fidelity Life led the movers as it gained 2 cents to close at 10 cents whilst cement producer Lafarge and TA Holdings added a cent each to trade at 63 cents and 8 cents respectively.

Willdale went up 0.02 cents to 0.10 cents and Mash was marginally up by 0.01 cents to 2.42 cents. The industrial index retreated 0.32 points (or 0.17 percent) compared to week ending 20 June 2014.

The value of trades was improved slightly at $774K, on the back of trades in Delta, Dairiboard and Econet.

The mining index was flat at 61.71 points as Bindura, Falgold, Hwange and Riozim all maintained previous trading levels. On a week-on-week basis the mining index added 2.71 points (or 4.59 percent).
- BH24

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