ZSE maintains a positive momentum in midweek session…
The ZSE market maintained a positive momentum in midweek session as the primary All Share Index rose 1.74% to 210.25pts while, the Blue-Chip Index added 1.85% to 211.34pts. The Mid Cap Index went up 0.14% to 181.99pts while, the Mid Cap Index inched up 1.40% 230.40pts. Retailer OK Zimbabwe headlined the top performers of the day on a 14.71% increase to $0.4600, followed by FML that surged 11.03% to $3.9969. Turnall charged 7.27% to close at $0.0536 while, telecoms giant Econet ticked up 5.76% to $3.9953. Nampak capped the top five best performers of the day on a 1.62% upsurge to end the day pegged at $0.6605. Trading in the negative was banking group ZBFH that slid 12.37% to $3.5100 while, Star Africa slipped 4.78% to $0.0380. Milk processor Dairibord eased 0.24% to end the day pegged at $1.4650. Ten counters recorded gains while, three counters recorded losses to leave the market on a positive breadth of seven.
Activity aggregates declined in the session as volumes traded dropped 94.65% to 876,000 shares while, turnover was down 79.45% to $3.12m. Top volume drivers of the day were Nampak (35.06%), Econet (26.68%) and Delta (12.35%). Delta, Econet and Nampak claimed a combined 90.19% the turnover traded. Datvest ETF was stable at $0.0300 as 4,520 units exchanged hands. The Tigere REIT surged 14.55% to end the day pegged at $1.3000 after 732 units traded in the session.