ZSE ends the week in marginal gains…
The ZSE market recorded marginal gains in the last session of
the week as the primary All Share Index rose 0.09% to
351.69pts. The ZSE Agriculture Index edged up 1.92% to end at
244.46pts while, the Mid Cap Index ticked up 0.84% to
342.49pts. The ZSE Top Ten Index was the only faller amongst
the indices we review after a 0.04% retreat to close at
359.79pts. The top gainer of the day was TSL that garnered
14.92% to settle at $3.6925 as it reversed prior session losses,
trailed by TN Cybertech that surged 9.12% to $0.1102. Tea
company Tanganda grew 7.75% to $0.8481 as Proplastics rose
0.69% to $1.2800. Delta completed the top five risers of the
day on a 0.56% uplift to $26.1603. Masimba was the major
casualty of the day as it dropped 14.63% to close at $1.8325.
Following was Ariston that succumbed 8.08% to $0.0301
reversing yesterday’s gains. Star Africa trimmed 2.20% to
$0.0337 while, ART slipped 1.00% to $0.2475. Banking group
CBZ was 0.54% lower at $14.0000.
Activity aggregates enhanced in the session as volumes
ballooned 8419.37% to 133.63m while, turnover jumped
6253.96% to $173.60m. Volume drivers of the day were TN
Cybertech and Econet which claimed 88.98% and 10.36%
apiece. TN Cybertech and Delta accounted for a shared 91.95%
of the value aggregate. The Cass Saddle ETF lost 0.79% to
$0.0607 while, the MIZ ETF shed 0.03% to $0.0677. The Tigere
REIT slid 7.83% to end pegged at $1.1628 on 48,583 units.