Heavies lift ZSE in week-ending session…
Thirteen bulls charged against two bears to leave the market with a positive breadth of eleven in end of week session. The mainstream All Share Index surged 2.25% to 197,660.65pts while, the ZSE Top Ten Index advanced 2.27% to 84,065.54pts. The Mid Cap Index put on 2.24% to end pegged at 870,872.87pts. The ZSE Agriculture Index was the sole faller of the day on a marginal loss of 0.01% to close at 605.45pts. Bankers NMB garnered 15.00% to $577.3000, similarly Cafca charged 15.00% to $2,909.5000. Property concern FMP improved 15.00% to settle at $276.0000. CBZ soared 14.87% to $2,756.9408 as wine and spirit manufacturer AFDIS capped the top five winners of the day on a 13.04% uplift to $2,600.0000. Two fallers of the day were led by apparel retailer Edgars that retreated 0.54% to $92.0000 as cigarette manufacturer BAT trimmed 0.08% to $12,984.6154.
Activity aggregates were depressed in Friday’s session as the volume aggregate tumbled 24.04% to 1.72m while, turnover dipped 24.26% to $1.79bn. Volume drivers of the day were OKZIM, Delta, NMB and Econet that claimed a combined 82.36% of the aggregate. Delta anchored the value aggregate of the day on a 63.39% contribution. Morgan and Co MCS added 1.26% to $490.0000 while, the Old Mutual ETF extended 0.05% to $34.4500. A mere 6,670 units worth $343,669.00 exchanged hands in two ETFs. The Tigere REIT succumbed 6.62% to $279.6050 on scrappy 600 units.