ZSE turns bearish

HARARE – The Zimbabwe Stock Exchange’s All Share index retreated 0.17 points to close at 87.86 as three counters lost ground.

The losers were led by Simbisa, which fell $0, 0100 loss to close at $0, 3900, while telecoms giant Econet shed $0, 0073 to $0, 6800 and Axia Corporation was down by $0, 0050 to end at $0, 1750.

Trading in the positive was giant insurer Old Mutual, which added $0, 0149 to close at $5, 3249 and Meikles which rose by $0, 0050 to $0, 3050.

Crocodile skin manufacturer Padenga closed at $0, 4398 following a $0, 0023 increase; while cement producer PPC went up by $0, 0019 to close at $0, 8725, while Proplastics put on $0, 0010 to trade at $0, 0730 while Barclays inched up $0, 0002 to end at $0, 0432. – BH24 Reporter

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