adminTHE equities market showed flickers of positive gains at the end of last week, moving from the bearish direction which it has taken for most of April.Although volumes were down, the industrial index gained 0.39 percent to close at 173.59 points, while the mining index remained unchanged at 29.64 points.
On Friday there were six risers, and no fallers.
Meikles led the gainers up 2.78 percent to close at 18.5c, Innscor gained 1.9 percent to close at 64.2c, TSL gained 1.67 percent to close at 30.5c, FBCH gained 0.79 percent to close at 12.8c.
Beverage maker Delta gained 0.48 percent to close at 115.55c, and Econet moved up to 62.04c, a marginal gain of 0.05 percent. There were no losers in the market.
Volumes were boosted by a Safe Bulker done in Zimplow for 27,387,858 shares at 2.75c. This brought the total value of trades to just over US$1 million.
derick.khumalo
Online Reporter