ZSE retreats in week-opening session…
The ZSE reversed prior session’s gains as the primary All Share Index lost 1.17% to 206.89pts while, the Blue-Chip Index rose 0.18% to 207.69pts. The Agriculture Index eased 0.01% to 181.59pts while, the Mid Cap Index declined 0.15% to 227.72pts. Zimre Holdings Limited topped the laggards of the day on a 14.29% dip to $0.2400, followed by logistics company Unifreight that trimmed 1.96% to $2.0000. Hippo Valley tumbled 1.39% to close at $6.1100 while, Ecocash dropped 0.89% to $0.2134. Banking group CBZ Holdings Limited capped the worst performers of the day on a 0.28% retreat to end the day pegged at $7.7600. Partially mitigating today’s losses was Nampak that jumped 8.33% to $0.6500 while, Seed Co Limited rose 1.62% to $3.7600. Telecoms giant Econet surged 1.43% to settle at $3.6638 while, banking group NMB ticked up 0.30% to $3.7194. Milk processor Dairibord completed the top five winners of the day on a 0.17% lift to end the day pegged at $1.4625.
Activity aggregates enhanced in the session as volumes ballooned 46.78% to 940,300 shares while, turnover grew by 67.44% to $3.47m. Top volume drivers of the day were
Nampak (53.17%), Delta (14.44%) and NMB (12.62%). Delta, NMB and Nampak anchored today’s turnover after as they contributed 59.09%; 12.72% and 9.36% respectively. The only fund to trade amongst the ETFs was the Datvest ETF that slipped 9.09% to end the day pegged at $0.0300. The Tigere REIT lost 0.21% to end the day at $1.1215 after a total of 2,473 units exchanged hands in the name.