Cost of liv­ing in Zim­babwe goes up by 0,52pc

Sunday News (Zimbabwe) - - Finance -

THE cost of a monthly food bas­ket for a fam­ily of six in­creased by 0,52 per­cent in Au­gust. The food bas­ket cost $576,84 at the end of July and had in­creased to $579,84 by end of Au­gust. Con­sumer Coun­cil of Zim­babwe is at­tribut­ing the in­crease to fluc­tu­a­tion in fuel prices and the use of plas­tic money. These fac­tors not be­ing the only ones but the big­gest con­trib­u­tors. IN­DUS­TRI­ALS The In­dus­trial In­dex closed the week on a high note, record­ing a key mile­stone pass­ing the 400 point mark af­ter gain­ing 20.08 points (5,28 per­cent) to close at 400.03 points. Delta in­creased by $0,2915 to $2,9571, Afdis gained $0,1556 to trade at $1,5000. Innscor was up by $0,1276 to close at $1,5268, Old Mu­tual shifted up $0,0924 to set­tle at $6,7224 while SeedCo closed at $2,3975 af­ter a $0,0750 gain.

Five coun­ters lost ground; Fidelity Life shed $0,0230 to close at $0,1375, CFI was down $0,0138 to $0,6362, Pro­plas­tics lost $0,0044 to trade at $0,0750, Axia was marginally down by $0,0012 to close at $0,3188 while StarAfrica Cor­po­ra­tion was $0,0008 weaker at $0,0242.

Week on week In­dus­trial in­dex gained a sig­nif­i­cant 113.40 points (39,56 per­cent). MININGS The Min­ing in­dex gained 6.81 points (8,04 per­cent) to close at 91.46 points af­ter RioZim moved up $0,0500 to end at $0,7300. Hwange in­creased by $0,0052 to $0,0312 while Bin­dura gained $0,0030 to $0,0380. Fal­gold re­mained un­changed at $0,0200.

Week on week Min­ing in­dex ad­vanced by 9.26 points (11,27 per­cent).

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