Zimbabwe Market Watch | June 12th 2015: Zimbabwe industrial index ended the week on a high note, add 0.11% and US$4 million

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) industrial index ended the week on a high note after adding 0.16 points (0.11%) to close at 152.20 points. However, on week-on-week basis, the index lost 1.29 points or 0.84 percent. Equally, the market capitalization was recorded at US$3.969 billion, by adding US$4 million against previous trading session market capitalization of US$3.965

The market activity today recorded a turnover of US$281,678 exchanged in 12 traded securities via 24 trade transactions. There is no foreign investor buys and foreign sells today. Out of the 12 traded securities, British American Tobacco Zimbabwe recorded to US$5,700 exchanged in 500 traded securities and WILLDALE Limited recorded US$101 exchanged in 67,137 traded stocks.

On the market price movers, out of 12 traded securities 3 price shakers, 3 laggards and 6 remained unchanged, bring the market breath (measured as ratio of gainer to loser) to neutral. The three price shakers were WILLDALE Zimbabwe (added 66.66 percent or 0.06 cents to close at 0.15 cents), TSL Limited (went up by 12.50 percent or 2..00 cents to close at 18.00 cents) and PADENGA Holdings Limited (surged by 0.09 percent or 0.01 cents to end at 10.01 cents. Conversely, the laggards were POWERSPEED Electrical Limited Zimbabwe and TURNALL Holdings fell by 33.33 percent and 9.09 percent with the closing price of 1.00 cent and 1.10 cent. Equally, DAIRIBORD Holdings Zimbabwe Limited tumbled by 2.50 percent to close at 7.80 cents exchanged in 2,778 traded shares.

On a final note, the mining index ended flat today to close at close at 44.84 points. BINDURA, FALGOLD, HWANGE and RIOZIM maintained previous price levels at 4 cents, 1 cent, 3.40 cents and 12.50 cents respectively.