The Zimbabwe Stock Exchange heads into the weekend on the down side as Friday’s trading was largely characterised by a southward movement virtually on all the indices except the minings which remained static.
equity market indices
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The Zimbabwe Stock Exchange all share index ended the week on a lower note, retreating by 0.81 points (-0.35%) to end at 232.04 points. the industrial index shed 2,70 points to 772,94 points, the top ten dropped 1,29 points to 218,21 points whilst the minings remained stagnant at 317,75 points.
On the downside were Old Mutual Limited (omu.zw) that lost another 490,57 cents to close at 2505,00 cents, Padenga Holdings Limited (phl.zw) shed 19,98 cents to close at 225,02 cents, Seedco International Limited (scil.zw) traded 11,81 cents lower to end at 268,40 cents. Seed-co Limited Zimbabwe also lost 8,79 cents to 213,42 cents and Econet Wireless (eco.zw) traded 6,92 cents weaker at 189,58 cents.
Trading in the positive: British American Tobacco (bat.zw) advanced by 775,00 cents to close at 5000,00 cents, Innscor Africa (inn.zw) traded 50,77 cents firmer at 306,12 cents and Simbisa Brands (sim.zw) added 18,93 cents to end at 146,75 cents. Meikles Limited (meik.zw) advanced by 12,89 cents to end at 148,14 cents while Proplastics Limited (prol.zw) added 11,40 cents to close at 69,00 cents.
On the regional and international platform the Johannesburg all share index tumbled by 109,05 points, the London stock exchange all share index added 48,74 points whilst the New York stock exchange gained a paltry 3,40 points.
In commodities, gold prices went down 1,04% to $1499,50 and platinum prices also decreased to $927,50 ,a 0,92 percentage loss. brent crude oil per barrel dropped 0,84% to $61.22