Zimbabwe Market Watch | 07 Aug 2015: Zimbabwe equities indices still under pressure, industrial index loses -0.05 points, market cap sheds US$2 Mill…

Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) Industrial Index price were still under pressure today as the counters closed trading down while the Mining index continued to remain flat at the end of the days session. Market capitalisation was also down by US$2 million against the previous days trading.

The ZSE Industrial Index lost -0.05 points to close at 143.58 points decreasing by 0.04% from its previous close of 143.64 yesterday (-11.76% year-to-date and -24.58% year-on-year basis).

The Mining Index continued to record no change holding at 39.36 points at the close (keeping the year-to-date at -45.11% and year-on-year return at -52.73% respectively).

The Market Capitalisation ended atUS$3,766 billion down US$2 million from the US$3,768 billion recorded yesterday. The market activity was also down with 28 trade transactions producing a turnover of US$1,433.377.

In terms of Foreign Buys and Sales, Foreign investors bought US$1,359,248 against foreign sales which came to US$1,1322,572 at the end of today’s trading sessions.

In terms of the highest purchases by foreign investors they were Econet Wireless Zimbabwe Limited (ECO.zw) with US$1,080,541 worth of purchases and US$1,082,522 worth of sales at US$30.00 per share, Delta corporation Limited (DLTA.zw) with US$248,745 purchases at US$97.00, Seed Co Limited (SEED.zw) with US$20,700 purchases at US$103.50 and Innscor Africa Limited (INN.zw) with US$9,263 purchases at US$61.75.

In terms of Volumes and value of trades, out of the 28 securities traded, Econet Wireless Zimbabwe Limited (ECO.zw) registered 306,438 traded securities at US$30.00 per share, Delta Corporation Limited (DLTA.zw) recorded 299,705 securities at US$97 to end up with a value of US$297,245, CBZ Holdings Zimbabwe (CBZ.zw) registered 200,000 traded securities at US$9.98 per share with a value of US$19,960,  Willdale Limited (INN.zw) recorded volumes of 87,123 securities at US$0.19 per share to end with a value of US$166.

Todays gainers were  Rainbow Tourism Group Zimbabwe  (RTG.zw) increased by 25% up 0.20 points to close at US$1.00 per share, Meikles zimbabwe limited (MEIK.zw) rising 0.51 points increasing by 5.38% to close at US$9.98 and Old Mutual Plc edging up 0.06 points an increase of 0.02% to close at US$8.00.

On the losers side were Pretoria Portland Cement Limited (PPC.zw) which lost -2.00 points decreasing by -1.78% to close at US$110.00, Seed Co Limited (SEED.zw) down -1.50 points losing by -1.42% to close at US$103.50, Econet Wireless Zimbabwe Limited (ECO.zw) down -0.30 points down by -1.02% to close at US$30.00.