Selected blue chip companies to lead recovery of ZSE

BLUE chip companies are set to lead the recovery on the Zimbabwe Stock Exchange building on their strong performance since the beginning of the year.
Innscor and cement manufacturer PPC gained 2 cents each to close at 60 cents and 202 cents respectively leading to the industrial index to gain 0.19 points (or 0,11 percent) to close the week on Friday at 166.46 points.

The industrial index climbed 0.31 points (0,19 percent) compared to week ending 16 January 2015.

Afdis recouped 1,10 cents to settle at 47,10 cents. African Sun was the only lame duck as it lost 0,30 cents to trade at 1,50 cents.

The Mining index was steady at 58.14 points. Bindura, Falgold, Hwange and Rio Zim were unchanged at 5 cents, 3 cents, 4,01 cents and 15 respectively.

Week on week the mining index rose by 0.90 points (1,57 percent).