ZSE continues in upward trend

HARARE – The industrial index continued in the upward trend as it gained 1.55 points to 152.45 points with the resources index rebounding 1.55 points to settle at 70.98 points.

The industrial index recorded 152.45 points for the first time in two years which shows a renewed confidence by investors.

Old Mutual advanced by 6.19 cents to close at 375.00 cents, Delta put on 2.50 cents to 93.00 cents while National Foods gained 2.00 cents to close at 362.00 cents.

Meikles increased by 1.15 cents to end at 16.20 cents as OK Zimbabwe was 0.35 cents higher at 6.55 cents.

Trading in the negative, PPC eased 0.22 cents to trade at 66.28 cents whilst Innscor was 0.03 cents lower at 48.90 cents.

The mining index rebounded 1.55 points to settle at 70.98 points after RioZim went up by 2.00 cents to close at 57.00 cents.

Bindura, Falgold and Hwange remained unchanged at previous trading levels.

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