ZSE maintains a positive momentum…
The ZSE market maintained a positive momentum in Thursday’s session as the primary All Share Index rose 6.30% to 330.42pts while, the Blue-Chip Index firmed up 6.63% to
342.08pts. The Agriculture Index added 5.59% to 178.85pts as the Mid Cap Index gained 3.60% to 291.57pts. Zimre Holdings led the top performers of the day on a 14.76% jump to $1.1475, followed by Hippo that shot up 14.75% to close at $9.3995. Banking group CBZ Holdings went up 8.73% to close at $14.6786 while, retailer OKZIM inched up 7.69% to $0.1400. TN Cybertech completed the top performers of the day on a 5.19% uplift to end the day pegged at $0.1380. Trading in the negative territory was Nampak that dropped 11.80% to $0.7056 while, logistics group Unifreight tumbled 2.86% to $1.7000. FBC fell 0.25% to settle at $12.4188 while, ZSE Holdings retreated 0.04% to end the day pegged at $1.3000.
Activity aggregates closed mixed in the session as volumes traded went up 112.73% to 2.55m shares while, turnover dropped 31.11% to $6.37m. Top volume drivers of the day
were TN Cybertech (81.04%), Delta (6.56%) and Econet (4.49%). Delta and Econet were the top value drivers of the day after contributing 75.72% and 12.78% respectively. Cass Saddle ETF edged up 14.76% to $0.1205 after 80,000 units exchanged hands in the session. Tigere REIT stepped up 12.75% to end the day pegged at $1.9948 after 644,420 units
traded in the session.