Meagre gains in week-opener…
The market commenced the second week of the month in marginal gains with the mainstream All Share Index putting on 0.16% to 361.30pts. The ZSE Top Ten Index rose 0.06% to close at 372.92pts while, the ZSE Agriculture Index went up 0.28% to 230.03pts. The Mid Cap Index edged up 0.77% to close the day at 326.34pts. The top gainer of the day was Unifreight that charged 14.99% to close at $2.1100, followed by ART that jumped 13.04% to $0.1300. TN Cybertech went up 8.27% to $0.1160 while, ZB Financial Holdings improved 4.80% to $4.2000. Beverages concern Delta capped the top five winners of the day after a 3.53% lift to $30.0297. Star Africa was the major casualty of the day as it shed 6.51% to close at $0.0323. Trailing was FMP that declined 4.59% to end at $0.8300 as Econet retreated 4.17% to $9.1296. Retailer OKZIM lost 2.13% to $0.1150 while, tea company Tanganda trimmed 0.88% to $0.6500. The market closed with a positive breadth of six as eleven counters registered gains against five that faltered.
Volume of shares traded surged 73.04% to close at 5.87m while, turnover jumped 55.41% to $73.59m. Volume drivers of the day were NMB, Delta and Econet that claimed a combined 98.99% of the aggregate. Delta and NMB claimed 72.73% and 17.07% of the value outturn. The Tigere REIT slipped 1.77% to end pegged at $1.6638 on 144,646 units. The Revitus REIT was stable at $1.4600 on 312 units. No trades were recorded on the ETF section.