Key index finishes week firmer

shares worth US$10,6 million changed hands to close at 168.20 points.
Despite the marginal gain, the mining index lost a hefty 8,24 percent compared to the previous week, closing at 249.77 points.
Coal miner, Hwange has been driving the resources index in the few days of the week only to falter in the last trades.
Heavyweight counters continue to trade in the positive territory charged by impressive financial results released during the week.
Local buyers dominated in the three special bargains transacted during the week, with FBC selling 23 million shares valued at US$1,3 million, becoming the biggest deal of the week.
Other deals were recorded in Meikles after 54 million shares were traded and 300 000 shares from Econet at a bargain price of US495c.
On Friday tobacco processor, British American Tobacco and cement maker Lafarge added US3c each to close at US163c and US93c respectively.
After a good set of results, M&R was up US2,50c at US20c, Aico Africa improved further by US1,59c to US21,50c and Old Mutual gained a cent to trade at US164c.
Seed Co, expected to release results this week came off US2c to close at US140c and Meikles eased US1,10c to close at US53c.
After releasing a cautionary statement on a projected loss, TA gave up US1,01c to trade at US18,99c while Padenga and Radar both retreated US0,20c to settle at US5,60c and US25c.
On Thursday the industrial index rallied 0,58 percent to close at 167.68 points in mixed trading with gains recorded in Meikles, Innscor, Aico Africa, Dairibord and M&R.
On the down side were Econet, Lafarge, CFI, OK Zimbabwe and ZBFH.
On Tuesday local investors dominated the market as foreign investors exit the market, cashing on improved liquidity.
Foreign investors were the greater suppliers of shares after outflows outstripped inflows after US$857 320 worth of trades were recorded on Monday.
The demand side of the market accounted for 91 percent of turnover with only nine percent (US$173 575) attributable to foreign inflows.
In the first two days of the week, the market was characterised by heavy trading across the board with turnover surging 168 percent on Tuesday to close the day at US$2million.
Volumes traded also increased 252,9 percent as 16,8 million shares changed hands.
Favourite counters by value traded were Dairibord after 2,4 million shares valued at US$514 423 crossed at US21c, accounting for 26 percent of total turnover.
Recently listed Padenga saw 8 million shares changing hands at US6c in trades worth US$481930 (24,3 percent) of turnover.
During the week Seed Co reached its all time high price of US142c.
Beverages maker, Delta has continued to do well trading at US77c. Over the past two years Delta has been trading in the US40c and US50c range.
Early this year analysts predicted an upside potential of 1,5 percent on the its opening price of US6,2c.
On Monday, the resources sector was in a reverse mode easing 3,52 percent after a US5c loss in Hwange, which closed at US85c before shedding off a further 3,70 percent yesterday to close at 252.92 points as Hwange again retreated US5c to trade at US80c.
Bindura, Falgold and Riozim were unchanged at US14c, US6,60c and US195c respectively.
The industrial index extended further gains as telecommunications giant, Econet added US7,10c to US495,30 cents, PPC rose US6,10c to trade at US326,10c and Seedco ended US2c higher at US142c.
Colcom slipped US2c to close at US40c while CFI, PGI and Starafrica retreated US0,50c to trade at US12,50c, US2,80c and US3c respectively.