zim_stock.jpgTrading on the Zimbabwe Stock Exchange (ZSE) has remained subdued with market capitalisation hovering at US$3.6 billion.

The country’s bourse, which has been sluggish for the greater part of the year due to liquidity constraints, has seen both the mining and industrial indices recording little movement.

Economic analyst, Mr Christopher Mugaga, says judging from the results which were released by most companies one and a half months ago, the performance of the local bourse was very unattractive.

Meanwhile, the industrial index ended last week higher at 143.90 points after a 1.01 points rise.

Econet recovered 2 cents to trade at 370 cents with CBZ and TSL up a cent at 14 cents and 10 cents respectively.

Three counters fell by the wayside with Old Mutual shedding a cent to trade at 130 cents while RTG retreated 0.30 cents to 1.50 cents. Star Africa slipped 0.19 cents to close at 1.30 cents.

The mining index shed 1.08 points to close at 131.75 points.

Bindura gave up 2.30 cents to trade at 5 cents, while Hwange and RioZIM were unchanged at 50 cents apiece.