Trading on the Zimbabwe Stock Exchange (ZSE) recovered from losses realised during the week as blue chip counters attracted more interest from the investors today.
The market swung back into the recovery mode with the mainstream industrial index registering a 0.28 percent gain to 496.36 points while the mining or resources index also surged by 4.17 percent to 201.46 points.
Leading the gainers of the day was Cassava which put on 85.77 percent to 152.40 cents, Bindura followed with a 19.61 percent gain to 6.10 cents, Dawn Properties improved by 7.69 percent to 2.80 cents, Axia Corporation share price rose by 3.74 percent to 2.80 cents and Simbisa Brands completed the list of top five gainers at 2.86 percent up to 72.00 cents.
On the losers, First Mutual Life dipped 4.29 percent to 13.40 cents, OK Zimbabwe retreated by 2.34 percent to 25.04 cents, Padenga shed 0.46 percent to 85.00 cents, while Hippo slipped by 0.32 percent to 171.00 cents and First Mutual Properties dropped by 0.28 percent to 7.06 cents.
The JSE all share index rose by 0.63 percent to 51 672.12 points while the New York Stock Exchange composite index dropped by 1.31 percent at 11 222.79 points with the London Stock Exchange also recorded a 0.20 percent loss to 4 0586.00 points.
The global price of brent crude oil dropped by 1.99 percent to US$53.27 per barrel, while the international trading price for gold also shed 0.03 percent at US$1 260.20 an ounce with platinum dropping by 0.69 percent to US$789.73 an ounce.