The Zimbabwe Stock Exchange started the week on a positive trend with all major indices in the green except the mining index which remained static.


In currencies and commodities, the US dollar gained over most currencies only to fall by a paltry 0.01% to the Australian dollar.

The South African Rand weakened to the US dollar on Monday afternoon for the first time in more than a week on the back of a stronger greenback.

In other regional currencies, traders were paying 11.9713 Namibian dollars, 9.5985 Botswana pula and 9.7711 Zambian kwacha per US$1.

The greenback gained ground against major global currencies.

It was traded for 0.8924 against the Euro, 0.709 against the British Pound, 6.336 against the Chinese yen and 1.235 against the Australian dollar.

In commodities markets, gold prices continue to drop on the back of gaining the US dollar as investors sought insurance against uncertainty, ending the trading session at US$1343.2 per ounce.

Brent crude per barrel closed at US$69.64 and platinum closed at US$1014.4 per ounce.