ZSE starts new week in gains…
The ZSE market started the new week in gains as the primary All Share Index rose 0.04% to 200.50pts while, the Blue-Chip Index put on 0.18% to 193.52pts. The Agriculture Index went up 1.24% to 179.62pts while, the Mid Cap Index lost 0.36% to 250.03pts. Sugar processor Hippo headlined the top performers of the day on a 10.35% jump to $8.0998 followed by retailer OKZIM that surged 0.96% to $0.3428. Cigarette manufacturer BAT ticked up 0.82% to close at $82.7572 while, FBC added 0.27% to $7.5300. Telecoms giant Econet completed the top performers of the day on a 0.21% uplift to end the day pegged at $2.7004. Trading in the negative territory was Ecocash that fell 14.93% to $0.1450 while, seed producer SeedCo slipped 9.32% to settle at $2.6297. Tanganda was 0.99% weaker at $1.0000. The market closed with a positive breadth of four as seven counters recorded gains against three that faltered.
Activity aggregates were depressed in the session as volumes dipped 92.78% to 2.46m shares while, turnover shed 74.02% to $11.1m. Top volume drivers of the day were Econet
(45.94%), Delta (12.48%) and Hippo (10.19%). The Duo of Delta and Econet highlighted today’s turnover aggregate they contributed 42.22% and 27.50% respectively. Morgan & Co Multi Sector ETF dropped 0.16% to end the day pegged at $1.8900. Tigere REIT firmed up 0.94% to settle at $1.1477 after 5,000 units exchanged hands in the session.