Profit taking ahead of the festive season has hit the Zimbabwe Stock Exchange with the mainstream industrial index losing by 0.31 percent by end of trading today.

The festive season is a period where several investors disposed off their stocks to reap returns for spending, a move that has seen the overall mainstream industrial index shedding 0.31 percent to end trading at 327.41 points.

The mining or resources index however rose by 0.15 percent to end at 141.68 points.

Gainers on the market were RTG 5.26 percent to 1.00 cents, Simbisa rose by 1.21 percent to end at 38.46 cents, Old Mutual share price increased by 0.004 percent to end at 450.02 cents.

On the losers Axia went down by 18.83 percent to close at 16.17 cents, NMB was 4.26 percent down to close at 9.00 cents, Econet share price shed 0.62 percent to end at 98.00 cents and Innscor dropped 0.18 percent to close at 100.00 cents.

On the mining’s or resources, Bindura share price rose by 0.56 percent to close at 5.34 cents.