ZSE closes week positive

The industrial index closed the week higher at 139.71 points after putting on 0.13%.

Cement Manufacturer Lafarge moved up 5 cents to trade at 65 cents, PPC gained 2 cents to 211 cents and TN Holdings pushed 0.39 cents to close at 3.90 cents.

Truworths ended 0.25 cents firmer at 7.75 cents as Innscor marginally added 0.11 cents to close at 56.11 cents.

Four counters traded in the negative territory as MEIKLES went down a cent to close at 16 cents, NTS retreated 0.30 cents to close at 2.70 cents and PHOENIX dropped 0.05 cents to close at 1.75 cents.

Regional banking group ABCH went down slightly by 0.03 cents to trade at 74.97 cents.

The industrial index gained 1.81% compared to week ending 27 January 2012.

The mining index was 7.32% solid at 82.65 points on the back of gains in RIOZIM, which added 5 cents for second consecutive day to close at 40 cents, and HWANGE which recovered 2 cents to close at 29 cents.

Falgold and Mwana Africa-owned Bindura Nickel Corporation were unchanged at 2 cents and 7.20 cents respectively.

Week on week the mining index added 1.83 points 2.26%.

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ZSE closes week positive

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