Bearish run persists on ZSE

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The Zimbabwe Stock Exchange opened the week bearish after shedding 0,08 points to close trades at 130,98 points dragged by losses in heavyweight Delta, Barclays, First Mutual and Mashonaland Holdings.

Delta, the largest listed company on the local bourse accounting for nearly a third of total ZSE market capitalisation was down 0,3% to 82 cents while Barclays also retreated by 0,2%. First Mutual and Mash lost 1% and 1,5% of their share prices respectively.

On the upside, insurance giant which released an impressive set of half year results was the only counter to record gains after its share price advanced by 2%.

The mining index was unchanged on 23,68 points.-Staff Writer

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