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Resurgent demand drives the ZSE upwards …
The market closed Friday’s session with eleven bulls against one bear registering a positive market breadth of ten. Zimplow led the gainers list with a 10.50% surge to close at $0.1105 while, Simbisa brands followed after adding 6.34% to $0.4041. Conglomerate Meikles advanced 3.45% to $0.3000 while, firming demand in OKZim pushed the price up by 3.02% to $0.1704 ahead of its yearly grand challenge slated in June. Top capitalised stock Delta completed the top five risers of the day as it extended 2.25% to $1.9200 on firming demand. The Industrial Index ticked up 0.89% to 319.66pts while, the All Share Index rose 0.88% to 95.44pts. The ZSE Top Ten put on 1.02% to 96.71pts riding on the back of gains in Delta, Innscor and Econet. The ... [more]
In investing, what is comfortable is rarely profitable.