adminTHE Zimbabwe Investment Authority (ZIA) has approved $950 million worth of investment project proposals in the first three months of this year. This figure for the first quarter of 2018 compares favourably to the $150 million project proposals ZIA approved during the first quarter of 2017.
ALL SHARE
The All Share index closed the week slightly higher at 98.26 points following a 0.14 points (0,14 percent) gain. Ppc’s winning streak continued as it added a further $0,0500 to close at $1,1000, Simbisa improved by $0,0122 to trade at $0,4550 and Old Mutual inched up by $0,0094 to settle at $5,7194. Hippo ended $0,0080 higher at $1,6791 and Delta went up $0,0052 to close at $2,0126.
Two counters lost ground, British American Tobacco shed $0,4290 to $19,0422 and Axia dropped $0,0030 to trade at $0,2445.
WEEK ON WEEK CHANGES
-All Share Index was up 2.82 points (2,95 percent)
-Industrial Index increased 9.52 points (2,98 percent)
-Top 10 Index rose 3.55 points (3,67 percent)
-Mining Index remained unchanged
Bongani Ndlovu
Online Reporter