adminshares changed hands at US70c of which 2,5 million shares were a book over.
Delta contributed the biggest chunk of the day’s trades to US$2,5 million from 10,3 million shares.
Marginal trades were seen in Econet, trading 10 000 shares at US406c while Innscor traded just 190 shares.
Delta has failed to cut through the US70c despite the group reporting a 38 percent growth in earnings per share to US6,22c, rewarding investors with a final dividend of US1,25c per share.
The market is expected to remain quiet in the absence of a meaningful capital injection. Most firms have failed to recapitalise due to lack of funding.
Companies have also lamented the high cost of funding adding up to about 30 percent per annum.
Reduced productivity in industries is also likely to affect projected economic growth rates of about 9 percent this year.
Companies have resorted to restructuring in a bid to cut costs and analysts are expecting a spate of mergers and consolidations on the market due to tight operating conditions in the economy.
In the past four months, the market has witnessed the entry of foreign investors with deep pockets to recapitalise ailing companies.
A number of deals are still on the table as companies seek to rejuvenate operations.
Meanwhile, other losses were seen in cement giants Larfarge, dropping US5c to US50c and CFI was a cent weaker at US5c.
Financial counters Barclays and TN Holdings both eased US0,20c to trade at US3,50c and US3,70c respectively.
Agricultural concern Interfresh traded at US0,15c after losing US0,05c.
Losses were countered by gains in BAT, which advanced US5c to US220c.
Natfoods and TPH pushed up US2c to trade at US92c and US12c respectively.
In mining, RioZim lost US3,01c to US49,99c dragging the resources index 1,84 percent to close at 85,20 points. Falgold and Hwange were unchanged at Friday’s trades.
Online Reporter