Losses persist on the bourse…
The market continued to lose traction in the new week as Econet and Delta weighed on the bourse. The primary All Share Index lost 1.04% to 189.19pts while, the Blue-Chip Index dropped 1.32% to 182.97pts. The Agriculture Index fell 0.02% to 190.98pts while, the Mid Cap Index tumbled 0.19% to 234.50pts. Telecoms giant Econet led the laggards of the day on a 7.06% retreat to $2.7736 while, brick maker Willdale slipped 5.28% to $0.0379. Nampak parred off 4.31% to close at $1.1000 while, beverages giant Delta trimmed 1.23% to $13.0085. Tea producer Tanganda capped the top five shakers of the day on a 0.74% decline to $0.8506. Partially mitigating today’s losses was Star Africa that jumped 10.04% to $0.0220 while, FBC ticked up 0.80% to $7.6000. Mashonaland Holdings Limited edged up 0.78% to settle at $0.9070 while, banking group CBZ rose 0.53% to $7.0373. Ecocash completed the top performers of the day on a 0.18% uplift to end the day pegged at $0.1302.
Activity aggregates enhanced in the session as total volume traded ballooned 613.07% to 1.34m shares while, turnover surged 4,099.17% to $8.79m. FBC was the top traded counter by volume and value as it claimed 78.05% of the former and 90.21% of the latter. A total of 4,030 units exchanged hands in the ETF segment. The Datvest ETF traded 3,000 units at $0.0300 while, the Cass Saddle ETF was also stable at $0.0900 on 800 units. The Tigere REIT added 0.54% to end the day pegged at $1.1562 as 2,279 units exchanged hands in the session.