ZSE reverses losses ...
The ZSE market commenced the new week in gains, reversing Friday session’s losses. The mainstream All share Index grew 1.25% to 364.93pts while, the ZSE Top Ten Index climbed 1.38% to 378.36pts. The Mid Cap Index gained 0.49% to close at 321.02pts while, on the contrary the ZSE Agriculture Index lost 0.09% to end at 183.15pts. TN Cybertech led the rising tide on a 7.08% surge that took the banking group to $0.1500 after a circa 7% of total issued shares exchanged hands. Tea company Tanganda charged 6.63% to close at $0.7000 while, Econet jumped 2.70% to end pegged at $10.0672. Beverages group Delta rose 2.65% to settle at $29.8915 as First Mutual Holdings added a similar 2.65% to $3.4900. Banking group CBZ was the major casualty of the day having declined 3.34% to end at $14.0000. Following was TSL that dropped 1.74% to $2.8005 as Meikles succumbed 1.71% to $2.8505 with retailer OKZIM trimming 0.41% to $0.1205. Packaging group Nampak slid 0.27% to end the day at $0.7300.
Activity aggregates were mixed in the session as volumes surged 1291.83% to 332.71m while, turnover declined 35.01% to $76.80m. TN Cybertech claimed 99.18% of the volume
aggregate and 64.45% of the value aggregate. Econet Wireless claimed 28.59% of the total turnover. The Tigere REIT eased 3.63% to $1.9018 on 22,620 units. No traded were recorded in the four ETFs.