Zimbabwe Market Watch | June 1st 2015: Zimbabwe stock equity industrial index start the week on a positive trend, by adding 0.12 points

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE)  industrial index start the week on a positive trend, by adding 0.12 points (0.08 percent) to settle at 153.08 points. Likewise, the market capitalization was recorded at US$ 3.981.

The market activity today recorded a turnover of US$33,573 changing hands in 5 securities via 7 trade deals. Foreign investor buys US$22,997 and no foreign sells today. Out of the 5 traded securities, the SEED Company Limited Zimbabwe recorded to US$ 22,997 (accounted for 68 percent to total market turnover). The total volume was recorded at 119,068 out of which Padenga Holdings Limited Zimbabwe, Truworths Limited Zimbabwe and Seed Company Limited Zimbabwe recorded turnover of 47,129, 41,343 and 25,552 traded shares respectively..

On the market price movers, out of 5 traded securities two gainers, one loser and two remained unchanged. Padenga Holdings Limited Zimbabwe and Truworths Limited added 5.55 percent (0.50 cents) to close at 9.50 cents and 8.33 percent to close at 1.30 cents respectively. While Delta Corporation Limited Zimbabwe fell by 0.09 percent (0.20 cents) with a closing price of 105 cents. However, Seed Company Limited and Old Mutual Plc Zimbabwe remained flat with the closing price of 90 cents and 256 cents respectively.

On a final note, the mining index remained unchanged to close at to close at 44.45 points.