CBZ weigh down the ZSE…
Banking group CBZ weighed down the market in Tuesday’s session as the All-Share Index fell 0.19% to 209.25pts while, the Blue-Chip Index lost 0.43% to 209.06pts. The Agriculture Index dropped 0.02% to 187.58pts while, on the contrary the Mid Cap Index gained 0.64% to 234.09pts. CBZ led the laggards of the day on a 6.67% retreat to $7.0000, followed by tea producer Tanganda that slipped 0.50% to $1.0000. NMB completed the worst performers of the day on a 0.01% drop to $3.7025. Partially mitigating today’s losses was General Beltings that jumped 98.89% to $0.1193 while, Zimre Holdings charged 10.42% to $0.2650. Retailer OKZIM surged 8.39% to close at $0.5000 while, Star Africa ticked up 2.93% to close at $0.0411. Telecoms giant Econet capped the top five gainers of the day on a 0.65% uplift to end pegged at $4.0796.
Activity aggregates were mixed in the session as volumes traded rose 8.10% to 530,000 shares while, turnover declined 84.28% to $2.62m. Top volume drivers of the day were NMB (34.92%), Econet (17.98%) and Delta (14.36%). Delta, NMB, Econet and SeedCo contributing a combined 97.61%. Datvest ETF was unchanged at $0.0300 as 9,300 units exchanged hands while, Morgan and Co MCS was stable at $1.9000 on 1,500 units. The Revitus REIT trimmed 15.00% to end the day pegged at $0.6545 as a mere 18 units exchanged hands in the session.