ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
ZSE ZSE TOP 15 INDEX: 491.50 (-1.32%)
VFEX ZSE VFEX ALLSHARE INDEX: 254.75 (-0.16%)
ZSE ZSE SMALL CAP INDEX: 100.11 (+0.00%)
ZSE ZSE CONSUMER DISCRETIONARY INDEX: 810.02 (+0.16%)
ZSE ZSE MINING INDEX: 147.11 (+0.00%)
ZSE ZSE MID CAP INDEX INDEX: 493.75 (+0.91%)
ZSE ZSE TOP 10 INDEX: 477.59 (-1.48%)
ZSE ZSE ALL SHARE INDEX: 474.92 (-1.04%)
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Market Commentary

MARKET COMMENT 08.08.2024

Published on 07 August 2024 • Equity Research

ZSE scratch gains in Thursday’s session…
The All-Share Index gained 0.25% to close at 201.27pts while, the ZSE Top Ten Index added 0.28% to 208.20pts. The Agriculture Index edged up 0.83% to 187.20pts as the Mid Cap Index put on 0.07% to 175.80pts. Leading the winners’ pack was Zimpapers that surged 15.09% to $0.0578 trailed by, Unifreight that jumped 14.98% to $1.6155. Zimre holdings garnered 13.50% to $0.3405 as SeedCo Limited rose 7.92% to $3.3593. Banking group NMB gained 3.36% to end at $3.0000. Packaging group Nampak dropped 12.52% to close at $0.9531 while, CAFCA shed 11.76% to $15.0000. RTG trimmed 10.39% to $0.3405. Proplastics slipped 1.62% to close at $3.0000 while, tea company Tanganda capped the top five laggards of the day on a 0.98% retreat to $3.8000.
Volumes trades tumbled 18.32% to see 1.97m shares while, turnover ballooned 110.06% to $8.51m. Volume drivers of the day were Econet, OKZIM, Delta and SeedCo which claimed a combined 68.35%. The duo of Delta and Econet accounted for 54.86% and 16.94% of the turnover apiece. Morgan and Co MIZ charged 14.88% to $0.0122 while, the Old Mutual ETF slipped 0.19% to $0.1770. The Cass Saddle ETF was stable at $0.0200 on 42,100 units. The Tigere REIT was unchanged at $1.0000 on 36,381 units while, the Revitus Property trimmed 0.01% to $0.6324 as 2,530 units exchanged hands.

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