Market report: Follow up on Trade Fair deals

01 May, 2016 - 00:05 0 Views

The Sunday News

THE Zimbabwe International Trade Fair ended in Bulawayo yesterday and businesses must start to make follow ups on the deals which they entered into during the five-day event.

It will be meaningless if companies that participated at the trade event fail to make follow ups and see if their participation has translated to some sort of business.

Meanwhile, the Industrial index continued in the positive trend adding 3.04 points (2,96 percent) to close the week on Friday at 105.79 points.

BAT was up by a significant $0,9524 to close at $11,7524, Delta shifted up $0,0475 to $0,7000 while OK Zimbabwe advanced by $0,0039 to trade at $0,0450. Innscor was $0,0012 stronger at $0,2200.

Two counters traded in the negative as Hippo shed $0,0150 to $0,2200 while Old Mutual closed at $2,2000 after a $0,0026 loss.

Week on week Industrial index gained 6.51 points (6.56 percent).

The Mining index was flat at 20.16 points. Bindura, Falgold, Hwange and RioZim maintained previous price levels at $0,0102, $0,0050, $0,0300 and $0,1100 respectively. Week on week Mining index was unchanged.

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