ZSE reverses prior session’s gains…
The ZSE market reversed prior session’s gains as the All Share Index fell 1.02% to close at 479.69pts while, the Blue Chip Index was 1.11% weaker at 486.07pts. The Mid Cap Index parred off 0.58% to settle at 482.34pts while, the Agriculture Index was 0.83% down at 336.83pts. Headlining the laggards of the day was packaging company Proplastics that parred off 14.55% to $1.1531, trailed by construction group Masimba that succumbed 8.00% to settle at $2.3000. General Beltings was 4.29% weaker at $0.1005 while, bankers CBZ plunged 3.84% to close trading at a VWAP of $39.9221. Cigarette manufacturer BAT was 3.10% down at $184.0000 as it capped the top five worst performers’ list of the day. Trading in the positive category was Ariston that rose by 1.01% to $0.0760 while, bankers TNCI gained 0.38% to close at $0.3016. Seed producer SeedCo Limited was 0.09% up at $4.9194.
Activity aggregates faltered in the session as volume traded dropped 24.85% to 682,700 shares while, turnover dropped by 29.14% to see $4.12m exchange hands in the session. Activity was mainly confined in Proplastics, SeedCo Limited and Delta corporation as they contributed a combined 88.34% of the volume traded and 85.61% of the turnover traded. The Tigere REIT was 2.41% weaker at $1.0731 as 14.82m units traded in the name.