Zimbabwe Equity Market | 1 Sep 2015: Zimbabwe Stock Exchange industrial index edges up …

Harare, Zimbabwe, Capital Markets in Africa — The Zimbabwe Stock Exchange (ZSE) industrial index began the first day of the month of September after marginally surged by 0.04 percent or 0.06 points to end at 135.49 points. The market capitalization ended at US$3.553 billion.

The market activity today recorded a turnover of US$2,911,325 exchanged in 14 traded securities via 45 trade transactions. Foreign investor buys US$2,688,870 and foreign sells US$2,301,128 today. Out of the 14 traded securities, Delta Corporation Limited recorded at US$1,440,091 exchanged in 1,694,225 traded securities and Innscor Africa Limited recorded at US$677,841 exchanged in 1,138,846 traded stocks. Equally, Econet Wireless Zimbabwe with 1,875,110 shares valued at US$525,031 and Pearl Properties Limited recorded 1,180,050 shares with total value of US$29,501.

From the market activities strength views, there were three price gainers, zero price losers and eleven prices remained unchanged, hence market strength ended positive.  The price gainers was OK Zimbabwe Limited traded at US$0.0710 after adding 1.42 percent or U$0.0009, Innscor Africa Limited surged by 0.03 percent or US$0.0002 to close at US$0.5952 and Delta Corporation Limited closed at US$0.8500 after gaining 0.01 percent or US$0.0001.

The Mining index remained unchanged to close at 35.34 points. Bindura Nickel Corporation Limited, Hwange Colliery Company Limited and RioZim Limited maintained previous price levels at US$0.0280, US$0.0340 and US$0.1200 respectively. Falcon Gold Limited also remained steady at US$0.0040.