Gains persist on the bourse…
The ZSE gains persisted into Tuesday’s session as the four indices under our review closed pointing northwards. The primary All Share Index edged up 1.48% to close at 170,207.41pts while, the ZSE Top Ten Index added 1.63% to 76,166.64pts. The Mid Cap Index and the Agriculture Index improved 1.18% and 0.07% to end at 674,602.15pts apiece. Leading the winners of the day was TSL that extended a further 15.00% to settle at $787.5500. Trailing was Willdale that garnered 11.67% to $26.8000 as CAFCA overturned yesterday’s losses to gain 10.00% and close pegged at $2,200.0000. CBZ charged 6.29% to settle at $2,072.7273 while, Ariston jumped 3.78% to end at $31.5500. SeedCo was the major casualty of the day as it dipped 14.83% to $860.1864. Ecocash followed on a 1.68% drop to $134.7000 while, Econet slid 0.15% to close at a vwap of $499.4260. Nampak capped the fallers of the day after retreating 0.07% to $335.0000.
Volumes traded rose 12.89% to 5.28m shares as OK Zimbabwe and Econet anchored the aggregate on respective contributions of 64.73% and 17.26%. Turnover jumped 55.50% to $2.44bn with Delta, OK Zimbabwe and Econet claiming a combined 93.01% of the outturn. Foreigners were net sellers in the session as outflows amounted to $176.48m were registered against inflows of $38.31m. Two ETFs registered price movements in the session as Morgan and Co MCS put on 6.05% to $286.0000 while, the Old Mutual ETF let go 0.93% to $34.6731. Datvest MCS claimed 84.66% of the total volume traded and 39.46% of the value aggregate. The Tigere REIT shed 2.01% to close at $240.0658 on 830,930 units worth $199.48m.