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</o:shapelayout></xml><![endif]--></head><body lang=EN-ZW link="#0563C1" vlink="#954F72"><div class=WordSection1><p class=MsoNormal><o:p> </o:p></p><div align=center><table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0 width=852 style='width:639.35pt;border-collapse:collapse'><tr><td width=847 colspan=4 valign=top style='width:634.95pt;padding:0in 5.4pt 0in 5.4pt'><h1 style='margin-left:26.1pt;line-height:105%'><img width=161 height=81 id="_x0000_i1031" src="cid:image001.jpg@01D517E3.E155CF90"><span style='mso-fareast-language:EN-US'><o:p></o:p></span></h1></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:solid #D9D9D9 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p 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style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><o:p></o:p></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoSubtitle style='line-height:105%'><span class=style30><b><span style='color:black'><o:p> </o:p></span></b></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><o:p></o:p></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:26.1pt;line-height:105%'><span class=style30><span style='font-family:"Verdana",sans-serif'>Bulls n Bears Daily Market Commentary : <b>31</b> May 2019</span></span><b><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='line-height:105%'><span class=style30><b><o:p> </o:p></b></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><o:p></o:p></p></td></tr><tr style='height:1.0in'><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:1.0in'><p class=MsoTitle align=center style='text-align:center;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_6" src="cid:image002.jpg@01D517E3.E155CF90"></span></a><span class=style30><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:1.0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><o:p></o:p></p></td></tr><tr style='height:10.05pt'><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:10.05pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><br>Zimbabwe Stock Exchange Update<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Market Turnover RTGS$ 6,328,163.95 with foreign buys at RTGS$ RTGS$ 3,796,112.90 and foreign sales were RTGS$ 1,121,549.45. Total trades were 148.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The All Share index closed the week on a lower note shedding 3.05 points to settle at 188.06 points. Beverage giant DELTA lost $0.1507 to close at $3.6107, PPC eased $0.1012 to $1.8988 and CASSAVA SMARTECH closed at $1.7547 following a loss of $0.0889. Other losses were seen in ECONET which dropped by $0.0851 to end at $1.7519 whilst FIRST MUTUAL HOLDINGS eased $0.0100 to trade at $0.1600.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Notable gains were seen in various counters including OLD MUTUAL LIMITED which jumped up $0.9837 to close at $13.9926, FBC added $0.0505 to $0.5010 while MEIKLES was $0.0427 stronger at $0.8427. INNSCOR came off $0.0418 to trade at $2.1118 whereas AFDIS improved by $0.0400 to settle at $1.7600.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_5" src="cid:image003.jpg@01D517E3.E155CF90"></span></a><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'> Global Currencies & Equity Markets<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Uganda<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Uganda shilling steady, expected to weaken due to importer demand<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>(Reuters) - The Ugandan shilling was little changed on Friday and was expected to weaken on the back of a pick up in demand for dollars from importers of fuel and other goods. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>At 1148 GMT commercial banks quoted the shilling at 3,760/3,770, compared to Thursday's close of 3,755/3,765.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>South Africa<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>South Africa's rand heads for monthly loss, stocks flat<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>(Reuters) - South Africa’s rand was set to end the month on a weaker footing after domestic political concerns and the global trade conflict hurt sentiment, while stocks traded flat.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>At 1616 GMT the rand was 0.95% firmer at 14.6000 per dollar, thanks to a weaker greenback on the day, but the currency was heading for a more than 2% monthly loss.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The rand hit a 5-month low earlier this week as markets anxiously waited for President Cyril Ramaphosa to select a new cabinet.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Ramaphosa announced his smaller cabinet late on Wednesday, which was well received by markets, following on from a pre-election pledge to reform and revive an ailing economy and attract foreign investors.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Investors are now looking ahead to first-quarter economic growth figures due on Tuesday, with increasing chance growth contracted after slumps in mining and manufacturing.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The central bank last week cut its 2019 economic growth forecast to 1.0% from the 1.3%, and said a first quarter GDP contraction was likely.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>In fixed income, the yield on the benchmark 10-year government bond traded flat at 8.485%.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>On the bourse, stocks closed weaker as geopolitics got in the way of local markets, with the broader All-Share index down 0.09% to 55,650 points, while the Top-40 index weakened 0.16% to 49,587 points.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The second-biggest decliner on the bourse was sugar producer Tongaat Hulett, which fell 7.73% to 16.70 rand after the firm said its 2018 results could face a hit of up to 4.5 billion rand ($308 million).<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Also on the downside was petrochemicals company Sasol , which fell 3.02% to 366.59 rand after ratings agency Moody’s changed its outlook from stable to negative.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Leading the Top-40 index was budget retailer Mr. Price , up 11% to 197.15 rand, after full-year earnings showed a 6.2% increase. ($1 = 14.6028 rand)<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><a href="mailto:info@bulls.co.zw"><span style='font-family:"Verdana",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=300 height=296 id="_x0000_i1028" src="cid:image004.jpg@01D517E3.E155CF90"></span></a><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Europe<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Pound heads for biggest monthly loss vs euro in two years, beset by Brexit<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>(Reuters) - The euro rose against sterling for a second straight day on Friday as the battle to succeed Prime Minister Theresa May sapped appetite for the British pound, putting it on course for its worst monthly loss against the single currency in two years.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Nearly a dozen candidates are vying for the prime minister’s job, but the bookmakers’ favourite is Boris Johnson, who says Britain should leave the European Union on Oct. 31, even without an agreement on the terms of its departure.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The Conservatives lost badly in last week’s EU elections, and a recent opinion poll showed the Conservative Party would suffer its worst general election defeat ever if a vote were held now. Analysts say that prospect is pushing candidates to take a harder line on Brexit, weakening the pound.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>On Friday, the pound was trading less than 2% from that level at 88.40 pence. It was on track for a monthly drop of nearly 3% against the euro, its biggest loss since May 2017.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Against the dollar, the pound was steady at $1.2611.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'> </span><a href="mailto:info@bulls.co.zw"><span style='font-family:"Verdana",sans-serif;color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=300 height=296 id="_x0000_i1027" src="cid:image004.jpg@01D517E3.E155CF90"></span></a><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Commodities Markets<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:.3in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Gold scales 7-week peak as Trump's Mexico threat rattles markets<o:p></o:p></span></b></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>(Reuters) - Gold climbed to a seven-week high on Friday and was headed for its first monthly gain in four months, as investors sought a safe haven after U.S. President Donald Trump threatened tariffs on imports from Mexico, which fed fears of a global downturn.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Spot gold jumped 1% to $1,301.81 an ounce by 12:08 p.m. ET (1608 GMT), having hit its highest since April 11 at $1,304.24.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The bullion has risen by about 1.5% so far this month and is also on track for a second consecutive weekly gain, advancing by about 1.4% for the week.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>U.S. gold futures rose 1.1% to $1,301.50.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Trump on Thursday said Washington will impose a 5% tariff on all goods coming from Mexico, starting on June 10, until the flow of illegal immigrants into the United States ceases.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Meanwhile, Mexico’s President Andres Manuel Lopez Obrador said he would respond with “great prudence” to the threats and called on Mexicans to unite to deal with the challenge.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>U.S. stocks opened sharply lower, hit by fears that Trump’s threat of tariffs on Mexico could prove the trigger that pushes the world’s largest economy into recession.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>The dollar briefly trimmed its losses versus a basket of currencies on Friday as stronger-than-forecast data on U.S. consumer spending and income in April tempered some worries about a slowing U.S. economy.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Meanwhile, expectations of a cut in interest rates by the U.S. Federal Reserve increased after recent weak economic readings from the United States added to concerns raised by the prolonged U.S.-China trade dispute.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>U.S. interest rate futures rose on Friday as traders increased their bets on more than one rate cut from the Fed.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Lower interest rates would support gold because they reduce the opportunity cost of holding non-yielding bullion.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Elsewhere, silver rose 0.4% higher to $14.58 an ounce but looked poised to register for a fourth consecutive monthly loss.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Platinum was up 0.3% at $793.44, but was on track for its biggest monthly loss since November 2015, down about 10%.<o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><span style='font-family:"Verdana",sans-serif'>Palladium slipped 2.4% to $1,333.69 and was down about 3.9% for the month. <o:p></o:p></span></p><p class=MsoNormal style='margin-left:.55in;text-indent:1.35pt;line-height:105%'><o:p> </o:p></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:10.05pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr><td width=847 colspan=4 style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p><p class=MsoNormal style='margin-left:.55in;line-height:105%'><strong><span style='font-family:"Verdana",sans-serif;color:#345883'>INVESTORS DIARY 2019</span></strong><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Company</span></b><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Event</span></b><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Venue</span></b><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif'>Date & Time</span></b><span style='font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><o:p> </o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'>Dairibord<o:p></o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>AGM<o:p></o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'> Steward Room, Meikles<o:p></o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>31 May 2019, </span>12pm<span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'>Lafarge<o:p></o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>AGM<o:p></o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'> Manresa Club, Arcturus<o:p></o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>05 June 2019 ,</span> 12pm<span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'>CBZ<o:p></o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>AGM<o:p></o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'> Stewart Room, Meikles<o:p></o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'>05 June 2019 ,</span> 3pm<span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:20.15pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=173 valign=top style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:20.15pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:20.15pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=452 colspan=2 valign=top style='width:339.1pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td><td width=173 style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><o:p> </o:p></p></td><td width=6 valign=top style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-size:10.0pt;line-height:105%;font-family:"Trebuchet MS",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=230 valign=top style='width:172.35pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><b><span style='font-family:"Verdana",sans-serif;color:black'><o:p> </o:p></span></b></p></td><td width=222 style='width:166.75pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=173 valign=bottom style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#D9D9D9;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><b><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-US'><o:p> </o:p></span></b></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=452 colspan=2 valign=top style='width:339.1pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td></tr><tr style='height:3.25pt'><td width=452 colspan=2 valign=top style='width:339.1pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=222 style='width:166.45pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=173 valign=bottom style='width:129.4pt;border-top:none;border-left:none;border-bottom:solid #BFBFBF 1.0pt;border-right:solid #BFBFBF 1.0pt;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt;height:3.25pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><span style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif;mso-fareast-language:EN-US'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:3.25pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr style='height:99.35pt'><td width=847 colspan=4 style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;padding:0in 5.4pt 0in 5.4pt;height:99.35pt'><p class=MsoBodyText style='mso-margin-top-alt:0in;margin-right:0in;margin-bottom:0in;margin-left:.55in;margin-bottom:.0001pt;line-height:105%'><a href="mailto:info@bulls.co.zw"><span style='color:windowtext;mso-fareast-language:EN-ZW;text-decoration:none'><img border=0 width=763 height=259 id="Picture_x0020_2" src="cid:image005.jpg@01D517E3.E155CF90"></span></a><span lang=X-NONE style='font-size:11.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in;height:99.35pt'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#1F497D;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span style='font-family:"Verdana",sans-serif'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#1F497D;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:white'>DISCLAIMER: This report has been prepared by Bulls ‘n Bears, a division of Faith Capital (Pvt) Ltd for general information purposes only and does not constitute an offer to sell or the solicitation of an offer to buy or subscribe for any securities. The information contained in this report has been compiled from sources believed to be reliable, but no representation or warranty is made or guarantee given as to its accuracy or completeness. All opinions expressed and recommendations made are subject to change without notice. Securities or financial instruments mentioned herein may not be suitable for all investors. Securities of emerging and mid-size growth companies typically involve a higher degree of risk and more volatility than the securities of more established companies. Neither Faith Capital nor any other member of Bulls ‘n Bears nor any other person, accepts any liability whatsoever for any loss howsoever arising from any use of this report or its contents or otherwise arising in connection therewith. Recipients of this report shall be solely responsible for making their own independent investigation into the business, financial condition and future prospects of any companies referred to in this report. Other Indices quoted herein are for guideline purposes only and sourced from third parties.</span></i><i><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p></o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><i><span lang=EN-GB style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:white'><o:p> </o:p></span></i></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=top style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'>(c) 2019 <b>Web</b>:</span><a href="http:// www.bulls.co.zw "><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:black'> www.bulls.co.zw </span></a><b><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'>Email:</span></b><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'> </span><a href="mailto:info@bulls.co.zw"><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif;color:black'>info@bulls.co.zw</span></a><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'> <b>Tel:</b> +263 4 2927658 <b>Cell:</b> +263 77 344 1674<o:p></o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr><tr><td width=847 colspan=4 valign=bottom style='width:634.95pt;border:solid #BFBFBF 1.0pt;border-top:none;background:#F2F2F2;padding:0in 5.4pt 0in 5.4pt'><p class=MsoNormal style='margin-left:.55in;line-height:105%'><span style='font-size:7.0pt;line-height:105%;font-family:"Verdana",sans-serif'><o:p> </o:p></span></p></td><td width=6 style='width:4.4pt;padding:0in 0in 0in 0in'><p class=MsoNormal style='line-height:105%'><span style='font-family:"Verdana",sans-serif'> <o:p></o:p></span></p></td></tr></table></div><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><span style='mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal><o:p> </o:p></p><p class=MsoNormal style='line-height:11.2pt;background:white'><i><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Invest Wisely!</span></i><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><b><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Bulls n Bears</span></b><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'> </span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Telephone: <a href="tel:%2B263%204%202927658" target="_blank"><span style='color:black;text-decoration:none'>+263 4 2927658</span></a></span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Cellphone: </span><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><a href="tel:%2B263%2077%20344%201674" target="_blank"><span style='color:black;background:white;text-decoration:none'>+263 719 441 674</span></a></span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Alt. Email: <a href="mailto:info@bulls.co.zw" target="_blank"><span style='color:blue;text-decoration:none'>info@bulls.co.zw</span></a> </span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Website: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw&sa=D&sntz=1&usg=AFQjCNH8LYgdY55h-XKseuM8Kpr-JKdfhQ" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw</span></a></span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Blog: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.bulls.co.zw%2Fblog&sa=D&sntz=1&usg=AFQjCNFoIy6F9IXAiYnSoPSgWDYsr8Sqtw" target="_blank"><span style='color:black;text-decoration:none'>www.bulls.co.zw/blog</span></a></span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Twitter: @bullsbears2010</span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>LinkedIn: Bulls n Bears Zimbabwe</span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Facebook: <a href="http://www.google.com/url?q=http%3A%2F%2Fwww.facebook.com%2FBullsBearsZimbabwe&sa=D&sntz=1&usg=AFQjCNGhb_A5rp4biV1dGHbgiAhUxQqBXA" target="_blank"><span style='color:black;text-decoration:none'>www.facebook.com/BullsBearsZimbabwe</span></a></span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:black;mso-fareast-language:EN-ZW'>Skype: Bulls.Bears </span><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'><o:p></o:p></span></p><p class=MsoNormal style='line-height:11.2pt;background:white'><span style='font-family:"Verdana",sans-serif;color:#222222;mso-fareast-language:EN-ZW'>Whatsapp Group: <a href="https://chat.whatsapp.com/CF6wllAfScU9Wr6dXxoQnO"><span style='color:blue'>Click Here to Join</span></a><o:p></o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-family:"Verdana",sans-serif;mso-fareast-language:EN-ZW'><img border=0 width=161 height=81 id="Picture_x0020_1" src="cid:image006.jpg@01D517E3.E155CF90" alt="bulls logo"><o:p></o:p></span></p><p class=MsoNormal><o:p> </o:p></p></div></body></html>