ZSE seesaws...
The market continued with its upswings and downswings, recording marginal gains in the session under review. The All Share Index edged up 0.51% to 200.86pts while, the ZSE Top Ten Index rose 0.05% to 197.65pts. The ZSE Agriculture Index added 0.07% to 172.15pts as the Mid Cap Index grew 2.27% to end at 232.27pts. Retailer OK Zimbabwe surged 11.99% to settle at $0.2084 while, telecoms giant Econet gained 2.31% to $4.2539, having traded an intraday high of $4.5000. Packaging group Nampak went up 1.44% to $0.6000 while, SeedCo Limited improved 1.08% to $3.3000. Star Africa capped the top five winners of the day on a 0.40% rise that took it to $0.0343. Trading in the negative territory was FML that dropped a further 14.83% to $1.5999 as ZSE Holdings declined 14.61% to $1.5200. Tea company Tanganda let go 1.25% to $0.7900 as TN Cybertech slipped 0.50% to $0.0995. Agriculture concern Ariston trimmed 0.35% to $0.0274 as it capped the top five losers of the day.
Nine counters recorded gains against eight that faltered to see the market close with a positive breadth of one. Volume of shares traded ballooned 66.94% to 2.59m while, turnover jumped 182.46% to $3.86m. Top volume drivers of the day were OKZIM (34.45%), TSL (23.32%) and TN (21.27%). Top value leaders of the day were TSL, Econet and AFDIS that claimed a combined 77.80%. Foreigners were net sellers in AFDIS and TSL as sales amounted to $687,9\10.00. The Tigere REIT garnered 12.69% to $1.8933 on 32,605 units. No trades were recorded on the ETF section.