ZSE falters in mid-week trades…
The ZSE market faltered in mid-week trades as reflected by all the four indices under our review that closed in the red. The All-Share Index was 0.04% weaker at 250.51pts while, the Blue-Chip Index eased 0.04% to settle at 255.72pts. The Agriculture Index dropped 0.72% to end pegged at 167.27pts while, the Mid Cap Index was 0.08% down at 252.96pts. Telecommunications giant Econet rebounded 0.08% to end pegged at $6.2997. FBC and Delta added an identical 0.01% to see the duo close at $9.4930 and $19.0673 respectively. Trading in the negative territory was ZSE Holdings which dropped 10.68% to $0.8000 and BAT that trimmed 2.43% to end lower at $97.5700. Eight counters were active in the session, disseminated into three gainers, two fallers and three that were unchanged to see the market recording a positive breadth of one.
Activity aggregates enhanced in the session as volumes traded ballooned 171.45% to 2.44m shares while, value outturn surged 180.01% to $17.20m. Econet was the top volume and value driver of the day after claiming 85.79% of the former and 76.26% of the latter. CBZ was the other notable value driver of the day as it claimed 11.92% of the aggregate. No trades were recorded in ETF and the REIT sections.