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Zimbabwe Market Watch | May 27th 2015: Zimbabwe stock equities index down ..
Harare, Zimbabwe (Capital Markets in Africa):-The Zimbabwe Stock Exchange (ZSE) the industrial index marginally dropped by 0.08 points (0.05 percent) to settle at 153.76 points. Likewise, the market capitalization was recorded at US$ 3.999 billion (lost mere US$1 million compared to yesterday’s market capitalization of US$4,000 billion).
The market activity is quite today; turnover was recorded at US$627,650 changing hands in 11 securities via 21 trade deals. Foreign investor buys US$525,000 and sells US$525,000. Out of the eleven traded securities, the DELTA CORPORATION nearly 97 percent of the total market turnover.
Furthermore, the day market sentiment ended negative, with one gainer and three losers. The losers were ART CORPORATION Limited and RAINBOW TOURISM GROUP Limited dropped 0.10 cents each to close at 0.50 cents and 1 cent respectively. DAWN PROPERTIES Limited traded 0.01 cents to settle at 1.50 cents. TRUWORTHS Limited recovered 0.40 cents to settle at 1.20 cents whilst DELTA CORPORATION Zimbabwe, ECONET WIRELESS Zimbabwe and INNSCOR Zimbabwe traded unchanged at 105 cents, 46 cents and 60 cents respectively. .
However, the mining index added 0.20 points (0.45 percent) to close at 44.58 points after RIOZIM had a firm bid at 9 cents. BINDURA, FALGOLD, and HWANGE maintained previous price levels at 4 cents, 1 cent, and 3.50 cents respectively.