ZSE slips into the red…
The market slipped into the red in Thursday’s session as the All-Share Index retreated 0.15% to 204.45pts while, the BlueChip Index fell 0.14% to close at 201.07pts. The Agriculture Index shed 0.02% to 174.31pts as the Mid-Cap Index slipped 0.19% to 236.46pts. Tyre services company NTS headlined the laggards of the day on a 15.55% decline that took it to $0.5620 while, Turnall dropped 7.41% to settle at $0.0650. Telecommunications giant Econet eased 1.03% to $4.5530 while, retailer Meikles went down 0.99% to $3.5000. Seed producer Seed Co capped the top five losers of the day after a 0.12% slip to $3.7897. On the other hand, sugar refiner Star Africa was the top gainer of the day as it rose 8.14% to $0.0455 while, Zimre Holdings ticked up 4.06% to settle at $0.2500. TN Cybertech edged up 0.97% to $0.1241, as banking group CBZ Holdings ticked up 0.25% to $7.1000. Beverage producer Delta completed the top five risers of the day on a 0.10% advance to close at $13.9699.
Volumes plummeted 50.25% to 2.33m shares while, turnover tumbled 10.63% to $15.80m. Delta, NTS and Proplastics were the main volume drivers of the day as the trio claimed a combined 91.41% of the total shares traded. Delta claimed the lion’s share of 91.26% of the value outturn. The Tigere REIT rose 0.04% to $1.2000 on 1.07m units while, the Revitus REIT shed 1.25% to $0.9011 on 1,154 units. Morgan & Co MCS ETF remained stable at $2.1500 as 200 units exchanged hands.