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value of shares traded on the ZSE on Friday represented 781 percent increase compared to Thursday. However, the recovery in both volumes and value of shares could not stop the main industrial index sliding southward.
The main index was 0,6 percent weaker on Friday at 211,2 points after losses in Barclays, which fell 20 percent to US4,5c as Old Mutual shed 7 percent to US214c, Delta slid 2,1 percent to US140c, Meikles softened 1,6 percent to US31,5c and CBZ shed 0,7 percent to US13,5c.
However, the ZSE mining index was unchanged at 73,3 points as Falgold, Bindura, RioZim and Hwange failed to trade as investors shied away the from resource firms’ shares.
The top five gainers of Friday were led by Zimplow, which added 9 percent to US5,5c, ZHL gained 7,7 percent to US1,4c, Afdis rose 3,1 percent to US33c, Econet surged 3,1 percent to US66c while PPC moved 2 percent to US250c.
FBC led the top five value leaders after seeing US$5,1 million of its shares changing hands while US$400 320 Econet shares were bought followed by Mashhold at US$343 874, CBZ at US$106 432 and Natfoods at US$43 810.
Online Reporter