Gains persist on the ZSE…
Gains continued to persist on the ZSE as three of the four indices we review closed in the black. The All-Share Index was 2.71% firmer at 296.88pts while, the Blue-Chip Index was
3.21% up at 304.64pts. The Agriculture Index was 2.99% lower at 166.97pts, mainly weighed down by Dairiboard and Tanganda while, the Mid-Cap Index added 0.09% to close pegged at 279.74pts. Sugar processor Star Africa led the risers of the day as it inched up 13.55% to $0.0285 while, beverages producer Delta continued to buttress prior sessions’ gains as it advanced 11.78% to $24.4909. Bankers CBZ firmed up 7.43% to $13.5000 while, TSL closed the day pegged at $2.7500 following a 5.75% ascent. Sugar producer Hippo was 0.38% up at $8.2000 as it fastened the risers list of the day. Trading in the negative was the duo of Mashonaland Holdings and Dairibord that shed an identical 15.00% to close at respective circuit breaker limits of $1.4174 and $1.6150. Cigarette producer BAT plunged 7.58% to $90.0000 while, spirits and wines producer Afdis eased 3.06% to $8.7144. Tea producer Tanganda which is trading under a cautionary trimmed 1.56% to settle at $0.6005.
Activity aggregates improved in the session as volume traded ballooned 257.88% to 944,100 shares while, turnover rose by 21.37% to $5.19m. Top volume drivers of the day were Ok Zimbabwe (44.34%), Econet(18.49%) and Delta(14.50%). The duo of Delta and Econet drove the turnover aggregates as they claimed a combine 87.28% of the outtun. The Cass Saddle ETF was stable at $0.1050 as 9,500 units exchanged hands in the name. The Revitus REIT was 16.00% higher at $1.4600 while, Tigere REIT parred off 6.03% to close at $1.5569.