adminLISTED financial services group, Zimre Holdings Limited (ZHL) has begun negotiations which will culminate in the disposal of some of its assets to fund future growth.
INDUSTRIALS
The Industrial Index closed the week higher at 213.15 points after putting on 1.46 points (0,69 percent) on the back of subdued trading. Meikles was up by $0,0107 to trade at $0,2200, CFI Holdings gained $0,0105 to close at $0,6100 whilst Old Mutual and TSL added $0,0100 each to close at $3,9525 and $0,2510 respectively. Colcom rose by $0,0080 to $0,5025 and SeedCo increased by $0,0072 to settle at $1,5172.
CBZ Holdings, Innscor and NatFoods traded unchanged at $0,1000, $0,7500 and $3,8150 respectively.
Week on week the industrial index added 2.54 points (1,21 percent).
MININGS
The Mining index was unchanged at 74.04 points. Bindura, Falgold, Hwange and RioZim remained unchanged at previous trading levels at $0,0299, $0,0120, $0,0260 and $0,6025 respectively.
The mining index remained unchanged compared to week ending 11 August 2017.
Bongani Ndlovu