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"US based Insparo Asset Management has projected a boom for the local bourse next year.
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The Zimbabwe Stock Exchange (ZSE) key industrial index closed the week on Friday 0.90% lower compared to the week ending 26 November 2010 despite a marginal gain of 0.21%.
The cement manufacturer LAFARGE which has committed to more investments in the country was up 5.01 cents to 85.01 cents, Radar gained 4 cents to 24 cents while beverage manufacturer Delta closed at 64 cents after a cent gain.
Edgars traded firmer up 0.75 cents to 6 cents; DZLH inched up 0.65 cents to 16.65 cents while NTS added 0.4 cents to trade at 1.7 cents.
Recently listed Padenga recovered 0.25 cent to close at 4.5 cents.
Mobile operator Econet which has been forced to slash its tariffs in response to increased competition from Telecel led the losers down 10 cents to 470 cents;Old Mutual eased 3 cents to 160 cents whilst African Sun slipped 0.3 cents to 2 cents following the release of below expectation results.
OK Zim retreated 0.2 cents to 8 cents and PG was down 0.11 cents at 2.79 cents.
The mining index continued to trade in the positive putting on 1.46% to close at 235.04 points.
Coal producer Hwange gained 2 cents to 65 cents while RioZim retreated 2 cents to 208 cents.
US based Insparo Asset Management has projected a boom for the local bourse next year.
The cement manufacturer LAFARGE which has committed to more investments in the country was up 5.01 cents to 85.01 cents, Radar gained 4 cents to 24 cents while beverage manufacturer Delta closed at 64 cents after a cent gain.
Edgars traded firmer up 0.75 cents to 6 cents; DZLH inched up 0.65 cents to 16.65 cents while NTS added 0.4 cents to trade at 1.7 cents.
Recently listed Padenga recovered 0.25 cent to close at 4.5 cents.
Mobile operator Econet which has been forced to slash its tariffs in response to increased competition from Telecel led the losers down 10 cents to 470 cents;Old Mutual eased 3 cents to 160 cents whilst African Sun slipped 0.3 cents to 2 cents following the release of below expectation results.
OK Zim retreated 0.2 cents to 8 cents and PG was down 0.11 cents at 2.79 cents.
The mining index continued to trade in the positive putting on 1.46% to close at 235.04 points.
Coal producer Hwange gained 2 cents to 65 cents while RioZim retreated 2 cents to 208 cents.
US based Insparo Asset Management has projected a boom for the local bourse next year.
