Zimbabwe Market Watch | June 16th 2015: Zimbabwe industrial index marginally rises by US$1 million.

Harare, Zimbabwe (Capital Markets in Africa):- The Zimbabwe Stock Exchange (ZSE) industrial index continued on uptrend, marginally adding 0.05 points or 0.03 percent to close at 153.06 points. Equally, the market capitalization was recorded at US$3.991 billion, by adding US$1 million against previous trading session market capitalization of US$3.990.

The market activity today recorded a turnover of US$152,094 exchanged in 13 traded securities via 26 trade transactions. Foreign investor buys US$ 11,823 and foreign sells US$ 49,500 today. Out of the 13 traded securities, DELTA CORPORATION Zimbabwe recorded at US$64,510 exchanged in 61,438 traded securities and PROPLASTICS Limited recorded at US$5,145 exchanged in 257,229 traded stocks.

On the market price movers, out of 13 traded securities 5 price shakers, 2 laggards and 6 remained unchanged, bring the market breath (measured as ratio of gainer to loser) to negative. The five price shakers were PROPLASTICS Limited Zimbabwe (added 33.33 percent or 0.50 cents to close at 2.00 cents), TSL Limited (went up by 11.11 percent or 2.00 cents to close at 20.00 cents), SEED Co Limited (climbed by 2.91 percent or 2.69 cent to settle at 95 cents), OLD MUTUAL Zimbabwe (surged by 0.41 percent or 1.09 cents to end at 262.10 cents) and PADENGA Holdings Limited (climbed by 0.09 percent to trade at 10.01 cents). Conversely, the laggards were NMBZ Holdings Limited Zimbabwe and PRETORIAL Portland Cement Limited fell by 13.33 percent and 2.43 percent with the closing price of 2.60 cent and 120.00 cents.

On a final note, the mining index ended flat today to close at close at 44.84 points. BINDURA, FALGOLD, HWANGE and RIOZIM maintained previous price levels at 4 cents, 1 cent, 3.40 cents and 12.50 cents respectively