FML block trade highlighted today’s activity aggregates, claiming 90.40% of the volumes exchanged and 72.86% of the turnover. The trade represented 2.09% of the company’s listed market capital. The other notable value driver in the session was Econet that claimed 13.48% of the total. Activity aggregates enhanced in the session as volumes traded ballooned 862.96% to see 16.96m shares worth $4.09bn exchange hands. Two ETF’s registered trades in the session, with the Old Mutual Top Ten advancing 0.23% to settle at $21.5000. The Cass Saddle Agriculture ETF was stable at $7.2500 as 7,000 units traded. A total of 7,890 units worth $69,885.00 traded while, the Tigere REIT was 1.75% up at $203.9920 .
Agriculture concern Ariston headlined the gainers’ list of the day as it jumped 18.10% to $29.4000, followed by packaging group Nampak that closed at $182.0000 after a 10.30% ascent. Retailer Ok Zimbabwe whose FY23 results are still pending edged up 9.67% to close at a VWAP of $131.7615 while, SeedCo Limited reversed prior session’s losses after gaining 4.31% to end at $1,043.0899. Fintech group Ecocash fastened the top five winners of the day on 4.15% rise to $143.7793 as the market awaits listing of the company’s letters of allocation.
Sugar processor Hippo led the laggards of the day after easing 9.17% to $1,816.5289 while, financial services group ZB parred 5.36% to end pegged at $600.0000. Property concern First Mutual was 4.69% softer at $96.0000 on a scrappy 100 shares. Sugar refiner Star Africa declined 3.44% to settle at $5.4100 as the market continues to grow anxious about its financial performance, with the results being delayed by ongoing audit processes of a subsidiary. Telecommunication company Econet capped the laggards of the day on a 3.28% fall to $500.0461.