Delta, BAT gains boost stock market

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THE stock market’s recovery continued on Tuesday, with the industrial index rising by 0,65 points to 163,75 points after positive trades in market movers Delta and BAT.
Beverage concern Delta, gained 0,97 cents to 107 cents, with a turnover of $127,000 while the cigarette maker added 20 cents to 1,120 cents in trades worth $22,000.
Zimre Property put on 0,15 cents to end the day at 0,85 cents while another property concern, Dawn, climbed up 0,10 cents to close at 1,10 cents.
On the downside, agro-based CFI was the biggest loser, shedding 1,40 cents to 1,60 cents while starafricacorporation lost 0,30 cents to 1,50 cents. Hospitality group RTG eased 0,20 cents to 1,40 cents.
Other heavyweights, Innscor and Old Mutual remained unchanged at 57 cents and 235 cents respectively, despite collective trades of $19,000 while telecomms group, Econet recorded no trades at 59,90 cents.
The resources index was flat at 59,10 cents with Bindura, Falgold, RioZim and Hwange all unmoved at five cents, three cents, 15 cents and 4,80 cents respectively.
Bindura was the only mining counter active, registering a turnover of only $8,000.Advertisement