The Sunday News
CONSUMERS have expressed dismay over the continuous increase in the prices of basic commodities, which they say could dampen the festive mood. Meat prices in Bulawayo increased by more than 100 percent. A kilogramme of beef now costs between $8 to $10 from between $4 to $5 while prices for petroleum jellies and body creams, tissue paper, soups, cooking oil, processed meats, soap, washing powder, beverages, mayonnaise and rice have increased too.
INDUSTRIALS
The Industrial Index closed the week lower at 328.44 points after losing 0.66 points (0,20 percent) as three counters lost ground. Innscor shed $0,0482 to close at $1,0018; OK Zimbawe eased $0,0096 to $0,1900 while Delta was $0,0092 lower to trade at $1,5000.
Trading in the positive; Meikles gained $0,0400 to close at $0,3200 and Padenga Holdings Limited was up by $0,0205 to settle at $0,5500. First Mutual Holdings Limited added $0,0050 to $0,1850, B Holdings Limited rose by $0,0040 to end at $0,0940 whilst Econet was $0,0028 higher at $0,9861.
Week on week Industrial index was down 7.53 points (2,24 percent).
MINING INDEX
The Mining index was marginally up 0.08 points (0,06 percent) to close at 141.47 points as Bindura inched up $0,0001 to close at $0,0540. Falgold, Hwange and Riozim remained unchanged at previous price levels at $0,0380, $$0,0220 and $1,2000 respectively.
Week on week Mining index put on 8.68 points (6,54 percent).
