Losses persist on the bourse…
Losses persisted into the week-ending session as the
mainstream All Share Index declined 0.79% to 360.46pts. The
ZSE Top Ten Index shed 1.37% to end pegged at 363.62pts. On
the contrary, the ZSE Agriculture Index rose 1.37% to
267.24pts while, the Mid Cap Index added 1.31% to 372.44pts.
Bankers CBZ was the major casualty of the day on a 11.18%
plunge that took it to $14.3817 while, packaging group
Nampak followed on a 8.12% dip to $0.6900. Hotelier RTG
dropped 4.83% to $1.6583 with Dairibord trimming 3.55% to
$2.6042. Tea Company Tanganda slid 3.20% to close the day
at $1.3551. Partially offsetting today’s losses was
Mashonaland Holdings that surged 14.94% to $1.1500 as
Hippo Valley Estates trailed on a 11.11% charge to $10.0000.
Construction group Masimba jumped 8.97% to $1.8526 while,
Zimre Holdings Limited edged up 6.60% to $0.7811. Turnall
closed the day at $0.1000 after a 5.26% uplift.
Volume of shares traded ballooned 1178.24% to end the day
at 26.66m while, turnover jumped 438.62% to $132.39m. NMB
was the top traded counter by volume and value as circa
25.97m shares which represents 6.43% of the total shares in
issue were swapped. The trade accounted for 97.41% of the
total volume traded and 98.09% of the value outturn. The
Tigere REIT retreated 1.21% to $1.0911 on 33,855 units.