ZSE rebounds in month opening session…
The ZSE market rebounded in the month opening session as the primary All Share Index rose 0.88% to 245.55pts while, the Blue-Chip Index gained 1.30% to 263.33pts. The Mid Cap Index added 5.63% to 206.60pts while, the Agriculture Index lost 2.79% to 209.23pts. Banking group CBZ Holdings led the top performers of the day on a 14.94% jump to $16.1000, followed by Nampak that surged 14.66% to $1.1122. Turnall inched up 7.10% to close at $0.0632 while, Ariston charged 5.96% to $0.0424. Zimre Holdings capped the top five performers of the day on a 4.39% uplift to end the day pegged at $0.3450. Cigarette manufacturer BAT headlined the laggards of the day on a 9.55% slide to $74.0000 while, milk processor Dairibord fell 4.18% to close at $2.5011. Logistics company Unifreight slipped 4.15% to $2.6360 while, Meikles dropped 3.64% to $5.3000. Seed producer Seed Co capped the top five fallers of the day on a 3.40% retreat to end the day pegged at $5.4573. The market closed with a negative breadth of three as eleven counters recorded losses against eight that gained.
Activity aggregates enhanced in the session as volumes traded ballooned 82.51% to 2.91m shares while, value traded grew 558.15% to $31.92m. Delta anchored today’s volume and value aggregates after contributing 57.42% to the former and 94.39% to the latter. Other notable volume drivers of the day were Star Africa (24.22%) and Econet (12.44%). A total of 123,528 units exchanged hands in the ETF category. OMTT ETF shot up 5.53% to end the day pegged at $0.2005 while, Datvest ETF was stable at $0.0300 on 113,528 units. The Tigere REIT firmed up 4.17% to $1.2500 while, Revitus REIT stepped up 14.17% to end the day pegged at $0.9200 after 500 units exchanged hands in the name.