The Sunday News
INVESTORS are looking forward to some of companies that are releasing year end results to gauge how most companies performed last year and extract hints on which are the best buys this year.
Some companies have started publishing results for the year ending 31 December while more are expected to let the market know of their performance this week.
Meanwhile, the equities market closed the week on Friday higher at 164.90 points following a 0.66 points (0,40) percent gain.
Thin trading characterised last Friday’s session as Lafarge and Old Mutual added 5 cents each to close at 50 cents and 240 cents respectively. FBC gained a cent to 9 cents.
RTG moved up 0,40 cents to 1,60 cents and Star Africa put on 0,15 cents to settle at 1,8 cents.
Zimplow was the only counter trading in the negative territory as it dropped 0,50 cents to settle at 5,50 cents.
Despite the gain the Industrial Index lost 1.56 points (0,94 percent) compared to week ending 23 January 2015.
The Mining Index was steady at 58.13 points. Bindura, Falgold, Hwange and Rio Zim were unchanged at 5 cents, 3 cents, 4 cents and 15 cents respectively.
Week on week the Mining index was largely unchanged.
