ZSE retreats in Tuesday’s session…
The ZSE market retreated in Tuesday’s session, reversing
previous day’s gains. The mainstream All Share Index fell
0.77% to 359.49pts while, the Blue-Chip Index lost 0.36% to
368.19pts. The Agriculture Index dropped 5.11% to 250.31pts
as the Mid Cap Index eased 3.04% to 347.82pts. Sugar
processor Hippo led the laggards of the day on a 15.00% dip to
$8.7845, followed by TSL that tumbled 11.08% to $3.2544.
Milk processor Dairibord declined 10.02% to close at $2.6994
while, TN Cybertech slipped 5.12% to $0.0969. Tea producer
Tanganda capped the top five best performers of the day on a
0.07% rise to end the day pegged at $0.7005. Partially
mitigating today’s losses was Star Africa that surged 13.33% to
$0.0340 while, FMP charged 4.15% to $1.0800. Nampak
firmed up 1.34% to settle at $0.7500 while, seed producer
SeedCo added 0.24% to $4.6117. Tanganda Letters of
Allocation completed the top five gainers of the day on a
0.07% lift to $0.0179.