THE performance of top counters at the Zimbabwe Stock Exchange (ZSE) was bearish this week as most of them registered some decline in the share price.
BUSINESS REPORTER
The counters that had the share price shedding include Econet, British American Tobacco, National Foods, Innscor and Delta during the week ending October 24, 2014.
Delta Corporation the biggest company by market capitalisation this week lost -1,6% to 123 cents, while Econet shed 7,57% this week to settle at 72 cents. BAT fell to 6,94% to 1300 cents, National Foods -6,67% to 280 cents and Innscor -5,8% to 65 cents.
During the week under review, the top risers were Radar, Colcom, TSL and Masimba.
Radar rose by 20% to 3 cents, TSL up 6,25% to close at 25,5 cents, Masimba up 4% to 2,6 cents, while Colcom firmed 8% to 27 cents.
ZPI led the weekly losses by shedding 16,67% to 1 cent, while construction allied group Turnall shed 14,67% to 1,28cents.
Dairibord lost 10% to 9 cents and National Tyre Service shed off 8% to trade at 2,3 cents.
- Chamisa under fire over US$120K donation
- Mavhunga puts DeMbare into Chibuku quarterfinals
- Pension funds bet on Cabora Bassa oilfields
- Councils defy govt fire tender directive
Keep Reading
The value of trades for the week was 27,18% lower at $3,72 million arising from trades in 12,29 million. The volume of shares was 41,68% lower than the prior week.
The industrial index was down by 3,11% last week to 182,90 points and mining index shed off 8,41% to close at 74 88 points due to the weakening of Bindura and RioZim.
