ZSE records a 0.39% gain in Monday’s trades...
The ZSE market reversed Friday’s losses as it rose by 0.39% to 207.40pts, despite minimal activity witnessed across the board. The Blue-Chip Index was 0.41% firmer at 206.26pts mainly anchored by gains in Econet while, the Mid Cap Index was 0.40% higher at 229.94pts. The Agriculture Index added 0.46% to close at 167.47pts. Leading the risers of the day was sugar refiner Star Africa that charged 9.54% to $0.0400,followed by TSL that garnered 8.12% to end at a VWAP of $1.6896. Roofing material producer Turnall closed the day pegged at $0.0502 following a 5.52% ascent while, telecommunications company Econet gained 2.09% to $4.8050. Bankers ZB capped the top five risers of the day as it ticked up 1.67% to $3.0500 on scrappy 100 shares. Partially weighing down the market was Zimre Holdings that plunged 10.77% to $0.1902 while, financial services company ZSE eased 1.12% to $1.8095.
Activity aggregates faltered in the session as volumes traded fell by 73.31% to 1.82m while, turnover was 86.96% lower at $7.73m. Driving the volume aggregate of the day were TSL, NMB, Econet and CBZ with a combined aggregate of 75.97%. Turnover drivers of the day were Delta (23.36%), Econet (21.68%), CBZ (21.53%) and NMB (20.54%). In the REIT category, Tigere was up 0.37% at $1.2510 as 44,815 units exchanged hands in the name. Elsewhere, dairy processor Dairibord released its HY25 results for the half year ended 30
June 2025, in which it reported a PAT of US$1.21m which is a 61% decline from prior comparable period. No dividend was declared as the milk processor continued to deploy funds for capital expenditure.