Market report: ZITF brings hope to economy

ONCE again Bulawayo hosts the Zimbabwe International Trade Fair with hope that it can once again re-ignite business interest in the country.

More importantly ZITF time brings together business from different sectors to interact and come up with possible business deals that can improve their portfolios.

Meanwhile, the Industrial index closed the week on Friday on a high note adding 0.27 points (0,27 percent) to settle at 99.28 points. Innscor shifted up $0,0092 to close at $0,2005, Old Mutual increased by $0,0068 to $2,2444 while Hippo put on $0,0045 to trade at $0,2350. Delta was up by $0,0041 to $0,5943 as Turnall was $0,0010 stronger at $0,0120.

Seedco was the only counter to lose ground as it lost $0,0200 to close at $0,5600.

The industrial index was up 0.93 points (0,95 percent) compared to week ending 15 April 2016.

The Mining index was steady at 20.16 points. Bindura. Falgold, Hwange and RioZim maintained previous price levels at $0,0102, $0,0050, $0,0300 and $0,1100 respectively. Week on week Mining index was unchanged.

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