Losses persist on the bourse…
The market continued to falter in Tuesday’s session as the primary All Share Index retreated 0.07% to close at 363.27pts. The ZSE Top Ten Index trimmed 0.14% to 373.49pts while, the ZSE Agriculture Index slid 0.44% to end at 238.59pts. Contrastingly, the Mid Cap Index grew 0.30% to close the day at 335.63pts. Spirit and wines maker AFDIS led the winners of the day on a 15.00% surge that took it to $13.3760. Following was ZSE Holdings that jumped 14.95% to $0.9920 as brick makers Willdale soared 13.18% to end pegged at $0.0341. TSL charged 6.38% to close at $3.2025 as financial services group ZB edged up 4.57% to settle at $4.3918. Zimre Holdings Limited was the major casualty of the day, having declined 11.11% to $0.8000 with Hippo Valley Estates shedding 7.08% to $7.4332. Banking group CBZ dropped 5.65% to $14.0000 while, Mashonaland Holdings eased 2.34% to $1.2500. Tea company Tanganda completed the shakers of the day on a 0.90% loss that took it to $0.6626.
The market closed with a positive breadth of three as ten counters gained against seven that faltered. Volumes traded succumbed 62.53% to 874,800 shares while, turnover dipped 86.75% to $8.29m. Total volumes traded was anchored by Hippo (31.22%), Meikles (28.78%) and TNCI (12.61%). Top value drivers of day were BAT, Hippo and Delta that claimed a combined 81.66%. No trades were recorded in the ETF and REIT sections.