Date: Saturday, 30th May 2015    |   Price Sheet  |  Market Commentary

 

GAINS   LOSSES  
Counter Price   Δ USc % Δ % Δ YTD
INNSCOR 61.00 0.99 1.65% 1.67%
PPC 123.01 0.01 0.01% -29.71%
Counter Price   Δ USc % Δ % Δ YTD
AFRICAN SUN 2.50 -0.20 -7.41% 38.89%
MASH 2.91 -0.09 -3.00% 7.78%
ECONET 45.00 -0.99 -2.15% -25.00%
OK ZIM 9.00 -0.10 -1.10% -21.74%

 

INDUSTRIAL INDEX
152.96
 -0.01%
MINING INDEX
44.45
 0.00%
Market Commentary

ZSE rebounds marginally as sellers shy away... ZPI block highlights session

The supply of shares clearly thinned out in Tuesday trades as all the usual market drivers indicated resurgent demand but traded thin as supply was constrained. Fifteen stocks were active in today’s call with three registering gains against only one faller to set a positive market breadth of two stocks. As a consequence of the risers and fallers distribution the Industrial Index swung back into gains albeit marginally. The Mining Index remained flat at 42.93pts for yet another session as the only stock to trade in the cluster Bindura was stable at 4c. Volumes of the day swelled 86.88% and closed at 19.17m with the bulk of the share exchanges being seen in property concern ZPI that accounted for an estimated 94% of the total number of shares traded.

The constrained supply of shares saw the market yielding $0.41m in value which was 85.6% lower than yesterday’s outturn with property group ZPI emerging the market favorite after accounting for 48.1% of the aggregate. Delta was the only other stock to yield notable turnover after the beverages group accounted for an estimated 33.4% of the market’s total value outturn. The foreign component sustained its dominance even in the thinner trades as the spend at $0.33m represented 80% of the day’s total outturn while the disposals at $0.32m were 77% of the total daily sells. Both the inflows... [more]

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Counter Price   Δ USc % Δ % Δ YTD
INNSCOR 61.00 0.99 1.65% 1.67%
PPC 123.01 0.01 0.01% -29.71%
Counter Price   Δ USc % Δ % Δ YTD
AFRICAN SUN 2.50 -0.20 -7.41% 38.89%
MASH 2.91 -0.09 -3.00% 7.78%
ECONET 45.00 -0.99 -2.15% -25.00%
OK ZIM 9.00 -0.10 -1.10% -21.74%
Market Commentary

ZSE rebounds marginally as sellers shy away... ZPI block highlights session

The supply of shares clearly thinned out in Tuesday trades as all the usual market drivers indicated resurgent demand but traded thin as supply was constrained. Fifteen stocks were active in today’s call with three registering gains against only one faller to set a positive market breadth of two stocks. As a consequence of the risers and fallers distribution the Industrial Index swung back into gains albeit marginally. The Mining Index remained flat at 42.93pts for yet another session as the only stock to trade in the cluster Bindura was stable at 4c. Volumes of the day swelled 86.88% and closed at 19.17m with the bulk of the share exchanges being seen in property concern ZPI that accounted for an estimated 94% of the total number of shares traded.

The constrained supply of shares saw the market yielding $0.41m in value which was 85.6% lower than yesterday’s outturn with property group ZPI emerging the market favorite after accounting for 48.1% of the aggregate. Delta was the only other stock to yield notable turnover after the beverages group accounted for an estimated 33.4% of the market’s total value outturn. The foreign component sustained its dominance even in the thinner trades as the spend at $0.33m represented 80% of the day’s total outturn while the disposals at $0.32m were 77% of the total daily sells. Both the inflows... [more]

Market comment 12.05.15
ZSE in marginal rebound as ZPI block highlights session. Market continues to trade thin...

market comment 07.05.15
ZSE scratches marginal gains as liquidity hamper...

Market Comment 06.05.15
The ZSE Industrial Index broke a six day losing streak with a marginal 0.3% gain to 155.38pts on buoyant activity in the market’s top capitalised...

Market comment 05.05.15
Bearish sentiment continues to haunt the ZSE despite improved activity. For the second session in succession there was no riser on the...

Market comment 04.05.15
Market softer in month opening...


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