ZSE posts gains in Thursday’s session…
The ZSE registered gains in the penultimate session of the week as the All-Share Index edged up 0.57% to 353.44pts while, the Blue-Chip Index added 0.50% to 364.18pts. The
Agriculture Index rose 0.86% to 218.51pts while, The Mid Cap charged 1.00% to 322.53pts. Fidelity Life led the gainers of the day on a 14.29% jump to settle at $0.4000 with ART Holdings trailing on a 13.64% climb to end pegged at $0.1000. African Distillers grew 12.78% to $10.5000 while, TN Cybertech went up 9.97% to $0.1169. SeedCo Limited capped the top five gainers of the day on a 6.87% uplift to land at $4.8702. Partially weighing the market was sugar refiner Star Africa that fell 12.19% to $0.0301, followed by ZB Financial Holdings that retreated 11.92% to close at $4.0077. FMP eased 4.60% to $0.8300 while, Hippo Valley trimmed 0.22% to $8.7021. ZSE Holdings concluded the top five losers list of the day on a negligible 0.05% loss to finish at $0.7050.
Activity aggregates faltered in the session as turnover plunged 88.83% to $4.24m while, volumes traded succumbed 95.86% to 1.01m shares. Activity was spread throughout the market with the volume leaders being TN Cybertech (34.93%), Star Africa (27.05%), Econet (11.98%), Delta (7.65%) and Seed Co (5.54%). Delta and Econet drove the value traded as the duo claimed a combined 79.17% of the total. In the ETF category, Datvest MCS pared off 4.00% to $0.060 on 1,000 units. The Tigere was stable at $1.7000 as 2,400 units exchanged hands.