Zimbabwe Market Watch | May 14th 2015: Zimbabwe stock market gave up US$ 81 million today …

Harare, Zimbabwe (Capital Markets in Africa):- The Zimbabwe Stock Exchange (ZSE) industrial index marginally dropped by 0.03 points (about 0.02 percent) to settle at 154.19 points. The market capitalization was recorded at US$ 4.007 billion (dropping US$ 81 million) compared to US$4.088 billion previously.

Today’s market activities measured by total turnover was recorded at US$4.048 million exchanged in 12 securities via 26 trades. Foreign investors buy US$911,429 and sell US$ 475,848. Out the 12 traded securities Delta Corporation, Mashonaland Holdings Limited, Innscor Africa Limited, Zimbabwe, and Econet were most actively traded stocks. On the volume side, the total volume was recorded at 14.96 million shares out of which Mashonaland Holdings Limited, Zimbabwe accounted for nearly 82%.

Similarly, the day market sentiment ended neutral, with one movers and one laggards. The losers was Barclays Bank Zimbabwe losing 0.10 cents to settle at 4 cents while Econet Wireless Zimbabwe Limited was the lone gainer by slightly up by 0.07 cents to close at 46.10 cents.

Furthermore, the Mining index remained unchanged to close at 42.93 points. Bindura Nickle Corporation Zimbabwe, Falcon Gold Limited Zimbabwe, Hwange Colliery Company Limited and RioZim Limited Zimbabwe maintained previous price levels at 4 cents, 0.40 cents, 3.50 cents and 6 cents, respectively.