zimbabwestockexchangelogo.jpgThe Zimbabwe Stock Exchange mainstream index has maintained its positive momentum opening the week in the positive territory after adding 0.93 points to close the day at 143.03 points.

The industrial index which recorded five straight gains last week has maintained its positive momentum after closing the day in the green at 143.03 points.

 

The mining index which for the greater part of last week was on a losing streak opened the week lower after shedding 5.63 points to close the day at 77.13 points.

The industrial index was spurred by gains recorded by Hippo which advanced 5 cents to 115 cents.

Seed-co was among the movers gaining 4 cents to close at 120 cents as Old Mutual was 3.67 cents solid at 134 cents. PPC was up 2 cents at 192 cents, Innscor added 1.60 cents to trade at 58.60 cents and DZLH closed at 19.30 after gaining 0.79 cents.

On the downward side was Econet which plunged by 4.01 cents to settle at 379.99 cents. Border lost 31 cents to trade at 15 cents.

 

Delta and Zimplow both slipped by 0.50 cents to trade at 69.50 cents and 8 cents respectively.

The big trades of the day were recorded by Meikles which had over 120 million shares exchanging hands during the trading session.

 

The significant shares volume however could not push the share price up as the counter was unchanged at 19.01 cents.

The mining index lost further ground due to losses recorded by Rio-Zim which shed 5 cents to 30 cents and Hwange which lost 2 cents to settle at 28 cents. Bindura and Falgold were unchanged at previous levels.