ZSE rebounds in Monday’s session…
The ZSE recorded marginal gains in the week opening session as the primary All Share Index rose 0.13% to 192.90pts. The Agriculture Index added 0.03% to 203.18pts while, the Mid Cap Index firmed up 0.58% to 236.35pts. Contrastingly, the Blue-Chip Index eased 0.02% to end at 187.29pts. Nampak headlined the top performers of the day on a 9.95% jump to $1.0995, followed by Zimre Holdings Limited that charged 2.80% to $0.2200. Telecoms giant Econet ticked up 0.60% to close at $2.7192 while, Star Africa edged up 0.32% to $0.0310. Tea producer Tanganda capped the top five performers of the day on a 0.18% lift to end the day pegged at $0.8521. Trading in the negative territory was Zimpapers that slipped 7.52% to $0.1803 while, Ecocash trimmed 0.73% to $0.1325. Banking group CBZ Holdings parred off 0.55% to $7.0857 while, beverages giant Delta completed the fallers of the day on a 0.10% retreat to end the day pegged at $13.4169. The market closed with a positive breadth of two as six counters recorded gains against four that faltered.
Activity aggregates were depressed in the session as total volume traded declined 94.14% to 640,000 shares while, turnover dropped 91.53% to $3.58m. Top volume drivers of
the day were Econet (33.66%), Delta (29.17%) and Tanganda (11.67%). Delta and Econet were the top value drivers of the day as they contributed 69.89% and 16.34% respectively. The Datvest ETF was stable at $0.0300 on 10,450 units. The Tigere REIT inched up 0.36% to end the day pegged at $1.1700 as 5.07m shares exchanged hands in the name.