Date: Tuesday, 7th July 2015    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
MEIKLES 8.00 1.00 14.29% -48.39%
INNSCOR 60.01 0.01 0.02% 0.02%
Counter Price   Δ USc % Δ % Δ YTD
FALGOLD 0.80 -1.70 -68.00% -77.14%
PADENGA 10.00 -0.61 -5.75% 11.11%

 

INDUSTRIAL INDEX
146.20
 -0.02%
MINING INDEX
39.76
 0.30%
Market Commentary

Thinly traded session ahead of automated trading…

It was a thinly traded week ending session as the market eagerly anticipated the market automation of the bourse initially penciled for today but was deferred. Volumes of the day subsided 99.02% to 0.47mn shares while, turnover slipped 88.94% to $0.2mn with no outlying trades as experienced in the previous two days. Top capitalized stocks maintained their pole position in values traded with contributions of 49.5% in Delta, 30.7% in INNSCOR and 12.2% in ECONET and OKZIM 5.9%. The above quartet also led in the volumes of the day. Foreign participation diminished in consistence with the above aggregates with purchases down 98.13% to $0.23mn contributed by ECONET while sales dropped 88.51% to 0.099mn and coming from DELTA.

The Industrial Index eased a modest 0.03pts or 0.02% to 146.20pts dragged by PADENGA that lost steam shaving 5.75% to 10c. The Industrial loss of the day was mitigated by MEIKLES that jumped 14.29% to 8c and INNSCOR that scratched 0.02% to 60.01c on renewed buying. Meanwhile DELTA and ECONET were stable at 100c and 35c with sell-offs still evident in both of them. The Mining Index was ... [more]

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Counter Price   Δ USc % Δ % Δ YTD
MEIKLES 8.00 1.00 14.29% -48.39%
INNSCOR 60.01 0.01 0.02% 0.02%
Counter Price   Δ USc % Δ % Δ YTD
FALGOLD 0.80 -1.70 -68.00% -77.14%
PADENGA 10.00 -0.61 -5.75% 11.11%
Market Commentary

Thinly traded session ahead of automated trading…

It was a thinly traded week ending session as the market eagerly anticipated the market automation of the bourse initially penciled for today but was deferred. Volumes of the day subsided 99.02% to 0.47mn shares while, turnover slipped 88.94% to $0.2mn with no outlying trades as experienced in the previous two days. Top capitalized stocks maintained their pole position in values traded with contributions of 49.5% in Delta, 30.7% in INNSCOR and 12.2% in ECONET and OKZIM 5.9%. The above quartet also led in the volumes of the day. Foreign participation diminished in consistence with the above aggregates with purchases down 98.13% to $0.23mn contributed by ECONET while sales dropped 88.51% to 0.099mn and coming from DELTA.

The Industrial Index eased a modest 0.03pts or 0.02% to 146.20pts dragged by PADENGA that lost steam shaving 5.75% to 10c. The Industrial loss of the day was mitigated by MEIKLES that jumped 14.29% to 8c and INNSCOR that scratched 0.02% to 60.01c on renewed buying. Meanwhile DELTA and ECONET were stable at 100c and 35c with sell-offs still evident in both of them. The Mining Index was ... [more]

Market Comment 03.07.15
It was a thinly traded week ending session as the market eagerly anticipated the market automation of the bourse initially penciled for today but...

Weekly-03.07.15
The bear market became firmly entrenched on the ZSE in the week under review as sell offs in market heavy weights pushed prices lower....

Market Comment 02.07.15
The Industrial Index eased 0.46% to 146.23pts in Thursday’s trades weighed down by losses in three stocks namely Turnall, Econet...

Market Comment 01.07.15
Mid week and July opening trades significantly swelled from yesterday with volumes growing 752.38% to 6.92mn shares and value traded jumping...

Market Comment 30.06.15
The market closed on a slow note as both the Industrial and Mining indices closed softer in a thinly traded month ending session. Industrials...


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