Econet block trade highlights today’s activity aggregates…
Econet that is awaiting an EGM to delist from the ZSE, remained the main topical counter on the ZSE exchange as a negotiated block trade of circa 40m shares was executed at a
price of $10.2900. The trade accounted for 94.88% of the volume traded and 95.61% of turnover traded. Total volumes traded surged by 3,254.56% to 42.24m shares while, turnover grew by 3,799.82% to settle at $431.22m. The Tigere REIT was 0.50% weaker at $1.6359 on $7.20m units traded. No trades were recorded in the ETF category in the session.
Trading in the positive category was ART Corporation that edged up 13.46% to settle at $0.1475, trailed by sugar refiner Star Africa that advanced 10.04% to close at $0.0355. Cigarette producer BAT was 5.29% firmer at $214.9653 while, dairy processor Dairibord was 4.28% higher at $1.9500. Packaging group Proplastics fastened the top gainers list of the day on a 3.85% increase to $1.3500. Trading in the negative was First Mutual Holdings that parred off 9.52% to $3.8000. Telecommunications giant Econet dropped 0.99% to close at $9.0719 for 76,300 shares executed on the main board. Zimre Holdings was 0.96% down at $0.9600. The All-Share Index was 0.72% up at 365.10pts while, the BlueChip Index added 1.04 firmer at 377.42pts. The Agriculture Index was 2.99% higher at 237.09pts, mainly anchored by gains in Dairibord while, on the contrary the Mid Cap Index shed 1.16% to 326.68pts.