Market falters as ZSE Holdings debut…
ZSE faltered in the final session of the week as losses in selected heavies dragged down the market. ZSE Holdings which listed on the bourse yesterday, commenced trading
today at a listing price of $3.4900 as 11,600 shares exchanged hands. The ZSE All Share Index trimmed 0.02% to close at 195.90pts while, the ZSE Top Ten Index shed 0.08% to end at 189.72pts. On the contrary, the ZSE Agriculture Index rose 0.28% to 152.77pts while, the Mid Cap Index added 0.17% to 241.85pts. Ecocash succumbed 7.87% to $0.1251 while, Star Africa retreated 4.76% to $0.0406. OK Zimbabwe slipped 0.50% to end at $0.2756 while, Mashonaland Holdings went down 0.02% to $1.5775. Partially mitigating today’s losses were gains in SeedCo Limited that edged up 1.46% to $2.4500. AFDIS trailed on a 1.19% improvement to $6.4865 as Hippo ticked up 1.15% to $3.6505. Ariston gained 0.39% to $0.0376 while, Econet was 0.01% up at $3.8005.
Activity aggregates enhanced in the session as volume traded surged 591.54% to see 12.45m shares exchange hands while, turnover charged 189.58% to $39.12m. Ecocash, Econet and Delta accounted for a combined 98.31% of the volume aggregate. Delta and Econet anchored the value aggregate on respective contributions of 51.99% and 44.26%. On the ETF front, the Morgan and Co MIZ ETF declined 2.40% to trade at $0.0488 on 581 units while, the Cass Saddle ETF eased 0.80% to $0.1488 on 600 units. The Tigere REIT ticked up 1.20% to end at $1.3725 on 893 units.