Trading on the local bourse opened the week on a back foot with the main stream index pulling off 8.04 points as losses were recorded in heavy weight counters.

Investors continue to adopt a cautious approach to trading on the Zimbabwe Stock Exchange.

Market capitalisation has remained within the US$10 billion mark with turnover far from being impressive as it closed at slightly over US$715 000.

Industrials continued with their losses shedding 8.04 points to end at 365.93 points with a decrease in the trading volumes.

Trading southwards was Delta down 15.09 cents to trade at 180.14, Simbisa eased 5.93 cents while insurance giant Old Mutual shed 1.29 cents to close at 597.86 cents.

OK Zimbabwe was the other lame duck as it traded 0.18 cents to close at 21.85 cents.

There were no movers with Barclays, CFI Holdings, General Beltings Holdings, Innscor and Seedco trading unchanged.

Turning to the resources index, it held steady at 126.86 points.

Bindura, Falgold, Hwange and RioZim remained unchanged.

41 trades were recorded from today’s trading session.