ZSE extends losses in Tuesday’s session…
The ZSE market extended losses in Tuesday’s session as the All Share Index was 1.28% weaker at 206.65pts. The Mid Cap Index was 0.37% lower at 227.22pts as its constituents clinched the top five spots in the losers’ list. On the contrary, Blue Chip Index was 0.10% up at 207.51pts while, the Agriculture Index was 0.07% up at 181.73pts. Leading the
worst performers of the day was Turnall that plunged 16.39% to $0.0500 while, property concern Mashonaland retreated 14.29% to $1.1400. First Mutual Holdings eased 10.00% to $3.6000 while, TSL was 1.97% lower at $1.6000 as 399,900 shares exchanged hands in the session. Banking group NMB capped the top five worst performers list of the day as it slipped 0.45% to $3.7025. Telecommunications giant Econet led the risers of the day as it inched up 3.11% to $3.7778 having traded an intraday high of $4.2125 while, beverages producer Delta put on 1.63% to end pegged at a VWAP of $15.3519. Seed technology group SeedCo Limited was up 1.44% to close at $3.8143 having touched a high of $3.8500 in the session. Dairy processor Dairibord added 0.42% to settle at $1.4686 while, Hippo inched up 0.14% to $6.1187.
Activity aggregates improved in the session as volumes traded ballooned 2,456.98% to 16.30m shares while, turnover increased by 631.28% to $15.16m. Top volume driver of the day was Star Africa that claimed 78.74% of the volume traded while, Econet trailed behind with a 16.22% contribution. The duo of Econet and Delta drove the turnover aggregate of the day as they claimed a combined 88.63% of the total traded. In the ETF category, the Morgan & Co MCS trimmed 4.98% to close at $1.9000 while, the Datvest MCS was stable at $0.0300 as 27,382 units traded. The Tigere REIT was 1.20% higher at $1.1349 as 39,385 shares exchanged hands.