The Sunday News
LATEST statistics from Fidelity Printers and Refiners, the country’s sole gold buyer which reveal that the country recorded its highest gold deliveries in the month of May since the start of the year signifies the much-awaited boon in the gold sector. Both primary producers and small-scale miners had a combined delivery of 1 920,3 kilogrammes (kgs). Of that figure, deliveries by primary producers were the highest at 1 045,3kg while small-scale miners divered 875,9kg.
INDUSTRIALS
The Industrial Index closed the week on a higher note after adding 0.08 points (0,04 percent) to close at 191.15 points. Masimba added $0,0050 to settle at $0,0310, Econet rose by $0,0046 to settle at $0,3307 while Axia and Edgars both increased by $0,0020 to close at $0,0970 and $0,0420 respectively.
Two counters lost ground; Meikles dropped $0,0400 to close at $0,2600 and Delta marginally lost $0,0001 to trade at $1,2549.
Week on week the industrial index added 1.08 points (0,57 percent).
MININGS
The Mining index went up by 0.16 points (0,23 percent) to close at 69.79 points after Hwange rose by $0,0015 to close at $0,0250. Bindura, Falgold and RioZim remained unchanged at previous trading levels at $0,0300, $0,0100 and $0,5500 in that order.
The mining Index added 0.16 points (0,23 percent) compared to week ending 16 June 2017.
