ZSE stretches gains on thin trades…
The ZSE market extended gains in the week opening session as the primary All Share Index rose 0.97% to 213.70pts while, the Blue-Chip Index firmed up 1.10% to 211.04pts. The Agriculture Index went up 0.26% to 168.37pts while, the Mid Cap Index inched up 0.46% to 243.79pts. Zimre Holdings headlined the top performers of the day on a 14.96% jump to $0.2305, followed by Star Africa that surged 10.75% to $0.0341. ZSE Holdings charged 7.07% to $1.2019 while, FML edged up 6.44% to $1.2800. Milk processor Dairibord capped the top performers of the day on a 2.86% uplift to end the day pegged at $1.8000. Trading in the negative territory was brick maker Willdale that slipped 11.68% to $0.0310 with construction group Masimba dropping 2.73% to end the day pegged at $1.7023.
Activity aggregates faltered in the session as volume traded fell 92.17% to 356,300 shares while, turnover shed 98.57% to $873,646.85. Top volume drivers of the day were Zimre Holdings (42.10%), Econet (21.95%) and TN Cybertech (10.41%). Econet and FBC were the most traded stocks in terms of value after contributing 45.64% and 24.05% respectively. There were no trades recorded in the ETF category. Revitus REIT inched up 0.71% to settle at $1.4100 while, Tigere REIT trimmed 1.97% to end the day pegged at $1.4704 as 78,599 units exchanged hands in the name.