ZSE ends week weak

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The Zimbabwe Stock Exchange (ZSE) closed the week on Friday in the red weighed down by declines in Delta, Econet and Innscor.

The industrial index closed at 152,24 points while mining index shed 1,68 points to close at 141,93 points.

The three counters account for 21,89%, 9,63%, 8,45% to the total market capitalisation respectively.

The industrial index shed 0,67 points and on a week-on-week the industrial index lost 3,58 points.

Delta the biggest counter on the ZSE lost 0,50c to 71,50c, while Econet the second largest counter in terms of market capitalisation went down to 3,12c to trade at 386,88c while Innscor dropped a cent to close at 60c.

TA share price was 2c lower at 15c while ZHL traded 0,20c softer at 1,20c and the losses were partially offset by gains in Afdis which added a cent to 14c and M&R was up 0,50c at 14,50c.

Starafrica increased by 0,20c to trade at 1,70c with Padenga firming by 0,10c to 5,20c.

The mining index closed at 141,93 points after it lost 1,68 points as a result of Hwange that shed off a cent at 54c.

The mining index was 10,49 points to week ending September 2011.

The other mining counters Bindura and RioZim were unchanges at 4,52c and 60c respectively while Falgold gained 0,20c at 7,20c.