Zimbabwe Market Watch | June 15th 2015: Zimbabwe industrial index starts on high note, add 0.53% and US$21 million

The Zimbabwe Stock Exchange (ZSE) industrial index commenced the week on a high note after adding 0.81 points or 0.53 percent to close at 153.01 points. Equally, the market capitalization was recorded at US$3.990 billion, by adding US$21 million against previous trading session market capitalization of US$3.969

The market activity today recorded a turnover of US$1.972 million exchanged in 15 traded securities via 47 trade transactions. Foreign investor buys US$ 293,081 and foreign sells US$ 626,766 today. Out of the 12 traded securities, ECONET WIRELESS Zimbabwe recorded to US$766,862 exchanged in 1.783 million traded securities and CBZ Holdings Limited recorded at US$361,698 exchanged in 3.617 million traded stocks.

On the market price movers, out of 15 traded securities 4 price shakers, 4 laggards and 7 remained unchanged, bring the market breath (measured as ratio of gainer to loser) to neutral. The four price shakers were CAFCA Limited Zimbabwe (added 13.96 percent or 4.90 cents to close at 40.00 cents), SEED Co Limited (went up by 1.43 percent or 1.31 cents to close at 92.31 cents), DELTA Corporation Limited (climbed by 0.96 percent or a cent to settle at 105 cents) and OLD MUTUAL Zimbabwe (surged by 0.38 percent or a cents to end at 261.01 cents). Conversely, the laggards were OK Zimbabwe and COLCOM Holdings Limited fell by 5.55 percent and 4.00 percent with the closing price of 8.50 cent and 2.40 cent. Equally, ZIMRE Property Investment Zimbabwe tumbled by1.23 percent to close at 0.80 cents and PADENGA Holdings Limited accelerated by 0.09 percent or 0.01 cents to trade at 10 cents.

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.