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BizDay Zimbabwe

ZSE market commentary - 08 April 2013

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For the second day in the running, the market was generally quiet today with Innscor recording a meaningful volume of 918 000 shares at 90c to propel the turnover to $1.2 million. The industrial index traded flat at 0.01% with gains in Delta(0.50c) and Innscor(0.97c) being offset by losses in Econet(1.49c) and Hippo that went down by 0.50c to 114.50c. The mining index lost some ground as it traded 1.21% weaker with reduced bids and offers in Bindura and Falgold respectively. The rest of the market is looking very weak.

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