adminCOMPANIES in the hospitality industry and those in the retail sector are gearing for anticipated increase in business as the year draws to an end.
Investors are likely to check with keen interest on how listed counters in the two sectors are likely to perform although analysts foresee depressed business compared to previous years due to the continued economic challenges prevailing in the country.
The two sectors normally take a peak towards year end as people shop and go on holidays during the festive season which is approaching.
Meanwhile, the Industrial index lost 2.87 points (1,54 percent) to close at 182.90 points last Friday.
Econet dropped 5 cents to 72 cents; ZBFH was 2,79 cents weaker at 2,71 cents, Delta decreased by 2 cents to 123 cents and Innscor shed a cent to 65 cents.
On the gainers, Old Mutual added 5 cents to 255 cents, while Radar put on a cent to 3 cents.
The Industrial index shed 5.87 points (3,11 percent) in the week.
The Mining index was steady at 74.88 points. Bindura, Falgold, Hwange and RioZim were unchanged at previous price levels.
The Mining index lost 6.88 points 8,41 percent in the week.
Online Reporter