CBZ and Delta anchor the market…
The ZSE recorded market continued to record gains from prior session as it advanced 2.82% to settle at 289.06pts while, the Blue-Chip Index was 3.43% firmer at 295.16pts. The Agriculture index was stable at 172.11pts as none of its constituents recorded trades in the session while, on the contrary, the Mid-Cap Index was 0.19% weaker at 279.48pts. Leading the gainers of the day was banking group CBZ that inched up 9.28% to close at a VWAP of 12.5667 while, beverages giant Delta edged up 5.84% to $21.9097 on the back of firming demand in the counter. Partially weighing down the market was stock exchange operator ZSE that plunged 10.37% to $1.3000 while, telecommunications giant Econet was 0.27% weaker at $6.7767 as the counter continues to trade under a cautionary. Retail group Meikles parred off 0.20% to$3.13000 as it capped the fallers list of the day.
Activity aggregates faltered in the session as volumes traded declined by 98.71% to 263,800 shares while, turnover fell by 71.39% to $4.28m. Activity was mainly skewed towards the duo of Delta and Econet as they claimed a combined 99.05% of the volume traded and 99.87% of the turnover. The Cass Saddle ETF was stable at $0.1050 as 11,700 units traded in the name while, morgan & Co Multi Sector ETF was 0.01% weaker at $1.8499. The Tigere Reit was 14.78% firmer at $1.6568 as 700 units traded in the name.