Equity gains despite low activity

HARARE – Depressed activity was the order of the day as the mainstream industrial index started the new week higher at 103.17 following a 0.12 points bump.

A couple of heavyweight gains pushed the market northwards.

Giant telecoms Econet gained $0,0027 to close at $0,1982, while beverages manufacturer Delta inched up $0,0007 to $0,5500.

Banker CBZ and short-term insurer NicozDiamond were unchanged at $0,1100 and $0,0162, respectively.

No counter traded in the negative territory as activity was limited to four counters.

The mining index lost a further 0.24 to settle at 19.53 as nickel producer Bindura lost a marginal $0,0003 to $0100.

On the other hand, Falgold, Hwange and RioZim maintained previous price levels at $0,0050, $0,0300 and $0,1040, respectively. – BH24 Reporter

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