ZSE continues on an upward trajectory

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The ZSE continued with its upward trend  adding 0.52% to close at 208.90. The mining index was flat at 73.92. YTD the main industrials index has gained 44.54%. Turnover for the day was much improved just above $2 million. Activity was mixed between big and mid tier stocks. CFI put on another 6.31% to 54.25 cents while Colcom was the day’s top riser with a 20.61% gain at 49.45 cents. Big caps recorded marginal gains with Delta adding 0.2% to 128 cents, Innscor added 0.36% to 73.01 cents while Econet put on 0.33% to 42.24 cents. Econet got the bulk of the invested funds amounting to $1.3 million while Seedco got $388,469. The ZSE continued with its upward trend  adding 0.52% to close at 208.90. The mining index was flat at 73.92. YTD the main industrials index has gained 44.54%. Turnover for the day was much improved just above $2 million. Activity was mixed between big and mid tier stocks. CFI put on another 6.31% to 54.25 cents while Colcom was the day’s top riser with a 20.61% gain at 49.45 cents. Big caps recorded marginal gains with Delta adding 0.2% to 128 cents, Innscor added 0.36% to 73.01 cents while Econet put on 0.33% to 42.24 cents. Econet got the bulk of the invested funds amounting to $1.3 million while Seedco got $388,469.

By |August 8th, 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.