Equities open August in the black




HARARE – The Zimbabwe Stock Exchange’s mainstream Industrial Index continued in the positive, gaining 1.18 points to close at 204.43.

CFI led the risers, going up $0, 0745 to trade at $0, 4470, while seed producer SeedCo continued with its positive run, adding $0, 0600 to $1, 4500 and Simbisa also kept up the momentum rising by $0, 0150 to end at $0, 2650.

Meikles was also on the up, advancing $0, 0145 to settle at $0, 2000 while Hippo’s unrelenting bullrun extended as the stock closed at $0, 8750 following a $0, 0050 gain.

ZBFH lost $0, 0250 to trade at $0, 1400 while Barclays shed $0, 0011 to close $0, 0350.  The mining index advanced by 0.39 points to settle at 69.83 after nickel producer put on $0, 0005 to end at $0, 0250.

The balance of the mining counters were unchanged. – BH24