Equities market in the red

HARARE – The local equities market’s All Share Index continued in the downward trend losing 0.82 points (or 0, 87 percent) to end at 93.84 as conglomerate Innscor led the shakers with a $0, 0500 loss to close at $0, 8000.

Cement producer PPC eased $0, 0479 to $0, 7521 while telecoms giant Econet was $0, 0277 lower at $0, 8623, while Simbisa was down $0, 0100 to $0, 4400 and First Mutual Holdings declined by $0, 0082 to trade at $0, 1866 and OK Zimbabwe slipped by $0, 0045 to settle at $0, 1655.

Four counters gained ground including Old Mutual, which put on $0, 0722 to close at $4, 9262 while beverages giant Delta added $0, 0047 to $1, 5659.

CBZ and Padenga each rose $0, 0025 to settle at $0, 0835 and $0, 5000 respectively. – BH24 Reporter

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