ZSE up buoyed by gains in 13 stocks

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The equities market continued with its upward trend on Wednesday buoyed by gains in 13 stocks led by blue chips Delta and Innscor. By the close the main industrials Index was up 1.51% to 183.10 points with big caps Delta, Econet, BAT, Natfoods, and Innscor among the risers. Delta was 2.97% up at 115.47 cents, Econet up 1.85% to 34.63 cents, BAT up 1.98% to 1800 cents and Innscor up 1.90% to 70.25 cents. Powerspeed was however the market’s top riser up 17.02% to 3.3 cents followed by Axia up 7.8% to 9.4 cents. There were also strong gains in Dairibord up 4.17% to 6 cents and Meikles up 3.39% to 29 cents. Turnover for the day was healthy at just above $1 mln.

By |June 14th, 2017|Categories: Comment|

About the Author:

Kudzanai Sharara
Kudzanai’s background in financial journalism with ZFN, combined with a continuing education in financial management, provide a solid grounding for his work in the research department.