Econet, Delta bargains push ZSE turnover

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THE stock market closed lower on Wednesday, with the key industrial index shedding 0.20 points to 168.53 points but special bargains in market movers Delta and Econet pushed turnover to  more than $9 million.
Telecoms giant Econet traded 0,30 cents lower to 54,50 cents with 1.1 million shares worth $605,000 exchanging hands on the market.
It also recorded a special bargain of nearly 4,9 million shares at the same price.
Beverage maker Delta traded unchanged at 116 cents with trades realising $597,000. It, however, recorded a special bargain of nearly 4 million shares at 116 cents.
Food processor National Foods was down 10 cents to 310 cents on thin volumes.
On the upside, SeedCo gained two cents to 104 cents with a turnover of $288,000.
Other big caps, Innscor and BAT were flat at 59 cents and 1,150 cents with a combined turnover of $90,000.
Without the special bargains, turnover for the day was at $1,7 million.
Delta, Econet and SeedCo combined contributed 92 percent of today’s total value of trades.
In minings, the index shed 4.42 points to 53.22 points, after Bindura pared off 0,49 cents to 4,50 cents.
Falgold, Hwange and RioZim were unchanged.Advertisement