ZSE in marginal gains…
ZSE market recorded marginal gains in Tuesday’s session as the All Share Index put on 0.08% to 493.27pts while, the ZSE Top Ten Index added 0.05% to 486.56pts. The Mid Cap Index rose 0.60% to close at 554.63pts while, on the contrary the Agriculture Index lost 0.99% to end at 359.12pts. Banking group TN Cybertech led the market charge on a 11.19% upsurge that took it to $0.8490, having traded an intraday high of $0.8500. Brick makers Willdale garnered 7.21% to settle at $0.0547 while, Zimre Holdings edged up 5.54% to $0.7625. Bankers CBZ grew 4.44% to close at $29.1354 as ZB Financial capped the top five risers of the day on a 1.33% lift to $7.6000. Hippo was the top faller of the day on a 7.96% decline to $11.5031, trailed by First Mutual Holdings that reversed prior session gains to close at $3.9500 after a 6.02% retreat. Milk processor Dairibord lost 1.96% to $5.0000 while, SeedCo Limited eased 1.77% to $4.1257. Tea company Tanganda trimmed 1.43% to close the day at $3.4500.
Activity aggregates were subdued in the session as volumes dropped 57.27% to 1.04m while, turnover tumbled 98.08% to $1.46m. The top volume and value driver of the day was TN Cybertech that claimed 87.96% of the former and 52.95% of the latter. Other notable value drivers of the day were Delta (13.81%), Hippo (10.25%) and NMB (9.49%). The Morgan and Co MIZ declined 0.15% to $0.1200 while, the Datvest MCS ETF was stable at $0.0800 on 2,000 units. The Tigere REIT went up 3.55% to $1.0825 as 459,609 units exchanged hands.