Zimbabwe Market Watch | May 18th 2015: Zimbabwe stock industrial index added 0.16% …

Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) the industrial index added 0.25 points (0.16%) to settle at 155.09 points. Likewise, the market capitalization was recorded at US$ 4.024 billion by adding US$ 6 million.

From the market activity perspective, today’s total volume and turnover was recorded at 11.88 million and US$612,364 respectively exchanging in nine shares via 29 transactions. Foreign investor buys US$357,859.. Out of the nine traded securities, Mashonaland Holdings Limited Zimbabwe contributed nearly 85 percent and 84 percent of total volume and turnover respectively.  

Furthermore, the day market sentiment ended positive, with three movers and one laggards. The losers was Dawn Properties Limited gave up 6.66 percent (i.e. lost one cent) to settle at 1.40 cents while Econet Wireless Zimbabwe Limited gained 0.99 cents (2.10 percent) to close at 50 cents, CIF Holdings Limited and Old Mutual Zimbabwe both advanced by 0.39 cents (18.57 percent, to settle at 2.49 cents) and a cent (0.40 percent to trade at 251 cents.

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