ZSE extend losses in Thursday’s trades…
The market extended losses in Thursday’s session to see three of the four indices we review closed in the red. The All-Share Index lost a negligible 0.06% to close at 128,723.63pts while, the Blue-Chip Index was 0.84% weaker at 57,286.85pts. The Agriculture Index eased 0.80% to close at 506.89pts. Seed producer SeedCo Limited led the laggards of the day on a 12.74% plunge that took it to $560.2035, followed by retailer OKZIM that declined 2.05% to $135.0525. Fintech group Ecocash Holdings retreated 1.34% to $135.8294 while, beverages giant Delta shed 1.12% to end the day pegged at $2,300.5971. Telecoms giant Econet capped the top five losers of the day on a 1.10% slid to close at $475.0000 on waning demand. Partially mitigating today’s losses was Nampak that jumped 13.70% to $286.0000 while, Ariston inched up 12.95% to close at $35.2000. Turnall ticked up 7.42% to $26.4797 while, insurer First Mutual Holdings added 7.14% to settle at $300.0000. Banking group ZBFinancial Holdings completed the winners’ pack on a 2.93% uplift to end the day pegged at
$617.6000.
Activity aggregates enhanced in the session as volume traded rose 52.91% to 5.89m shares, while turnover grew 5.30% to $2.28bn. Top volume drivers of the day were Mashonaland Holdings (71.40%) and Delta (10.59%). Delta highlighted the value aggregate after contributing 62.86%, followed by
Mashonaland Holdings that claimed 23.04%. On the ETF section, a total of 55,830 units worth $670,750.16 exchanged hands. The Datvest ETF ticked up 0.20% to $6.9401 while, the Old Mutual ETF trimmed 3.33% to $29.0000. Morgan & Co MCS was flat at $220.0000 on 610 units. The Tigere REIT shed 0.79% to close at $233.0488 after 2,050 units exchanged hands.