The mainstream index continued with its rally as it gained a 1.08% to 220.25 from the prior session. The mining index however edged lower after sailing stable for 7 consecutive sessions easing 5.23% to 70.17.
48 counters out of the total 59 active counters have risen since the beginning of the year. In today’s session 21 counters exchanged hands in the session with 11 rising and 3 closing in the red. OK was the top riser with an upsurge of 12.07% to 13c.
Padenga which featured among the top risers in yesterday’s session maintained rallying mode, gaining 8.57% to 38c in today’s session. ZPI likewise went up by 7.14% after the company recently reported a 9% growth in operating profit driven by a decline of 23% in administration costs.
Simbisa which extended its caution and Ariston added 5.74% and 5.56% to 35c and 0.95c respectively.
FBCH went up by 0.64% to 14.15c after reporting an increase in PAT of 3% to $9.6m in the first half of 2017. The bank’s marginally tapered off while non interest income took a northward swing. The bank expects interest income to remain under pressure going into the full year.
Bindura weighed down the mining index on easing by 16.39% to 2.50c.Willdale and Barclays were part of the losers after shedding off 2.44% and 0.28% to 0.40c and 3.61c respectively.
Total turnover went down by 495 to $0.32m from the prior session. Delta , Seedco, Ariston, Willdale and Econet were the top value contributors in the session. The total number of shares exchanged in the session were 8.7 million.
