ZSE slips into the red…
The market slipped into the red in Thursday’s session as the primary All Share Index shed 0.10% to close at 364.74pts. The ZSE Top Ten Index retreated 0.11% to end at 377.00pts while, the Mid Cap Index went down 0.02% to 326.60pts. On the contrary, the ZSE Agriculture Index rose 0.10% to end the day at 237.32pts. Zimre Holdings Limited was the top decliner of the day having dropped 6.25% to $0.9000 while, Meikles succumbed 3.30% to settle at $2.9010. Beverages giant Delta plunged 1.25% to $30.2608 as TN Cybertech slid 0.75% to end at $0.1122. Trading in the positive territory was ART that surged 13.56% to $0.1675, followed by AFDIS which charged 8.63% to $11.6315. Tea company Tanganda grew 2.86% to $0.6686 as banking group CBZ that added 2.78% to $14.9190. TSL capped the top five winners of the day on a 0.34% uplift to $3.0105. A total of thirteen counters registered price movements disseminated into nine gainers and four fallers as the market closed with a positive breadth of five.
Activity aggregates were subdued in the session as volumes dipped 99.19% to 342,600 shares while, turnover plummeted 98.84% to $5.01m. Delta, Econet and ART claimed a combined 71.36% of the volume aggregate. Delta and Econet anchored the turnover on respective contributions of 79.83% and 11.33%. On the ETF front, the Datvest ETF was the only counter to trade as it ticked up 5.00% to close at $0.0630 on 13,800 units. The Tigere REIT rebounded 2.82% to $1.6819 on 23,610 units.