ZSE records 0.80% gain in Thursday’s trades…
The ZSE market extended gains in the penultimate session of the week as it recorded a 0.80% gain to 202.36pts. The Blue Chip Index was 0.86% firmer at 194.82pts on the back of gains in Econet while, the Mid Cap Index rose 0.64% to 254.20pts. The Agriculture Index surged 2.98% to end at 174.66pts. Headlining the risers of the day was Hippo that advanced 8.73% to $6.8500 while, TSL edged up 8.22% to settle at $2.6000. Banking group Ecocash inched up 6.14% to end at $0.1701 on the back of scrappy 4,600 shares in the counter. Dairy processor Dairibord reversed prior session’s losses as it climbed 4.88% to $1.7200 while, Econet fastened the top five gainers’ list of the day on a 4.43% ascent to $2.9245. Partially weighing down the market was brick manufacturer Willdale that declined 2.58% to $0.0370, trailed by OK Zimbabwe that parred off 0.15% to $0.3400. Beverages giant Delta was 0.09% weaker at $15.2730 despite increasing demand in the counter while, tea producer Tanganda lost a negligible 0.05% to close pegged at $1.0000.
Activity aggregates faltered in the session as volumes traded declined 89.81% to see 5.64m shares worth $5.93m exchange hands. Sugar processor Star Africa led the volume aggregates of the day as it contributed 86.49% of the volume traded. The duo of Delta and Cafca drove the turnover aggregates of the day as they claimed a combined 77.63% of the total traded while, telecommunications group Econet claimed 10.58%. No trades were recorded in ETF category. The Tigere REIT was stable at $1.3325 as 3,350 units exchanged hand in the session.