Heavies anchor the market as ZSE advance 6.42%…
The ZSE market rose by 6.42% to settle at 215.95pts, mainly buoyed by the Blue-Chip Index that jumped 8.37% to close at 230.38pts. The Agriculture Index charged 2.20% to close at 181.05pts while, the Mid Cap Index surged 1.33% to close at 169.71pts. Brick manufacturer Willdale led the gainers of the day as it edged up 15.74% to settle at $0.0440 while, banking group FBC charged 15.00% to close at upper circuit breaker limit of $7.5380. Banking group NMB buttressed prior session’s gains as it charged 14.98% to $2.2455 while, sugar refiner Star Africa notched 14.55% to end trading at $0.0126. ART Holdings capped the top five gainers’ list of the day on a 13.15% jump to $0.3400. Trading in the negative category was Proplastics that parred off 14.58% to trade at $1.6900, trailed by Ecocash that retreated 1.54% to $0.7557 as supply continued to increase in the counter. Tea producer Tanganda was 0.25% weaker at $3.5999 while, Zimre Holdings fell by 0.07% to $0.2800. Hotelier RTG lost a negligible 0.02% to end trading at $0.4600 as it capped the laggard list of the day.
Activity aggregates faltered in the session as volumes traded tumbled 70.18% to 3.25m shares while, turnover plunged 66.40% to $6.65m. OK Zimbabwe drove the volume aggregate of the day as it claimed 68.56% of the total traded while, the other notable volume driver was Econet that contributed 15.35%. Value drivers of the day were OK Zimbabwe, Econet, Delta and FBC with respective contributions of 30.14%, 30.00% 19.52% and 10.26%. In the ETF category, the Datvest MCS shed 0.02% to close at $0.0300 as 307,500 units exchanged hands in the fund. The Tigere REIT was up 4.60% to $1.0040 as circa 7.45m units traded in today’s session.