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BizDay Zimbabwe

Market Comment April 16

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The session started the week on a mixed note in a session that saw decent volumes being pushed through in Delta and OKZIM that traded 249,000 shares and 4.5 million shares respectively. Turnover stood at $1.6 million. Both indices traded flat with gains in Dairibord(1c) Innscor(0.20c) and Meikles(2.01c) being offset by losses in Econet(0.81c) and PPCE(10c). As has become the norm, the mining sector was very quiet. The market is likely to remain depressed with liquidity leading the forefront of issues bedeviling the local bourse.

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