The local equities market continued on the black, posting a fifth straight gain for the week on Friday.

The All Share index jumped up by a huge 50.39 points (a 7.83% rise from tje previous day) to close at 693.69 points.

Giant insurer Old Mutual Limited added $2.8497 to $56.0575, while RioZim Limited rose by $1.5000 to $9.0000 and crocodile skin producer Padenga traded $1.2255 firmer at $7.3800.

Hippo Valley Estates also increased by $1.1350 to $6.8400 and beverages giant Delta Corporation was $0.7610 stronger at $9.0105.

There were no counters that traded in the negative.

ZB Financial Holdings was unchanged at $1.6800.

Volumes for Friday’s trades amounted to 10,393,400 shares, at a value of $45,050,398.

The bourse closed the week with a market capitalization of $89,63 billion.