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BizDay Zimbabwe

Market records modest trading

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The market recorded turnover of $865,840 with modest trade volumes in CBZ, Econet and Innscor. The rest of the market remained generally quiet but the Industrial Index managed to put on 0.93% due to strong bids in CBZ, Econet and Innscor in the main. No change was recorded in the Mining Index and trade volumes remained miniscule. It is our hope that overall market liquidity improves next week but it appears that prices will have to rerate first.

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