Marginal gains in new week…
The market registered marginal gains in the first trading day of
the week as the mainstream All Share Index rose 0.30% to
close at 376.27pts while, the ZSE Top Ten Index edged up
0.47% to 374.38pts. On the contrary, the ZSE Agriculture Index
declined 2.31% to 286.43pts while, the Mid Cap Index shed
0.39% to 410.60pts. Banking group FBC headlined the winners
of the day on a 15.00% jump to close at $11.3850. Following
was tea company Tanganda that surged 6.28% to $3.3000 as
TN Cybertech climbed 4.07% to $0.1150. Hippo charged 1.05%
to end pegged at $9.6000 with CBZ adding 0.16% to settle at
$15.3250. The major casualty of the day was First Mutual
Holdings that declined 13.33% to $2.5000, trailed by packaging
group Nampak that plunged 9.88% to $180.0000. Zimre
Holdings trimmed 7.46% to $0.6900 while, brick makers
Willdale Capped the top five fallers of the day on a 3.29%
retreat to $0.0408.
Activity aggregates were mixed as reflected in volumes that
plummeted 94.49% to 2.58m shares while, turnover gained
23.28% to $54.79m. Delta was the top volume and value driver
of the day claiming 74.12% of the former and 97.69% of the
latter. Other notable volume drivers of the day were Ariston
(14.81%) and ART (8.17%). The Tigere REIT inched up 0.11% to
$1.1813 while, the Revitus REIT eased 0.02% to $2.3495. The
Cass Saddle ETF added 0.61% to $0.1000 on 2,400 units.