ZSE rises further…
The market rose further in Thursday’s session to see the primary All Share Index rose 0.53% to 158,748.17pts while, the Blue-Chip Index firmed 0.15% to 70,247.60pts. The Agriculture Index added 0.24% while, the Mid-Cap Index grew 1.30% to 644,501.72pts. Banking group NMB headlined the winners of the day on a 15.00% jump to $399.5000, followed by Zimre Holdings Limited that added 6.67% to $112.0000. Apparel retailer Truworths advanced 5.56% to settle at $38.0000 as ZB Financial Holdings edged up 3.53% to close at $880.0000. Seed Co Limited completed the winners pack on a 2.67% uplift to end the day pegged at $880.0000. Headlining the fallers of the day was telecoms giant Econet that dropped 1.04% to $493.8486, trailed by CBZ Holdings that lost 0.71% to close at $1,963.7500. Tea producers Tanganda declined 0.44% to $945.8333 as Star Africa retreated 0.26% to settle at $4.9606. Sugar processor Hippo Valley capped the laggards of the day on a 0.01% slid that took it to $2,000.0000. The market closed with a positive breadth of nine after fourteen counters registered gains against five losers.
Activity aggregates were depressed in the session as volume traded declined 93.82% to 504,578 shares while, value outturn succumbed 87.18% to $538.23m. Star Africa, Delta, Masimba and Ariston contributed a combined 79.42% of the total volume traded. The top traded counter by value was Delta that claimed 77.32%. Only two ETFs were active in the ETF section in session which saw a total of 51,308 units exchanging hands. The Morgan & Co Multi Sector ETF inched up 0.56% to $253.0000 while, Old Mutual ETF eased 0.42% to end the day pegged at $35.5000. Tigere REIT ticked up 0.84% to close at $240.0000 as 800 units traded in the name.