Marginal gains on ZSE…
The ZSE market recorded marginal gains in Friday’s session as the ZSE All Share Index went up 0.50% to 249.10pts while, the ZSE Top Ten Index rose 1.53% to 257.03pts. Contrastingly, the ZSE Agriculture Index shed 2.04% to 161.59pts while, the Mid Cap Index let go 0.13% to 245.25pts. Leading the laggards of the day was SeedCo Limited that dropped 7.68% to $3.6005, followed by BAT that fell 3.23% to $89.9995. Spirits and wines maker AFDIS lost 0.01% to close the day at $8.9890. Headlining the gainers of day was Proplastics that surged 15.00% to $0.9775 as ZSE Holdings edged up 14.98% to $0.9890. Beverages concern Delta grew 1.80% to $19.4136. Telecoms giant Econet added 0.06% to $6.2940 as selling pressure continued to mount in the counter. Completing the gainers of the day was TSL that improved 0.02% to $2.6005. Five counters gained as three declined to see the market close with a positive breadth of two.
Activity aggregates enhanced in the session as volume of shares traded ballooned 356.55% to 9.11m while, turnover climbed 82.80% to $25.78m. Econet claimed a gigantic 98.12% of the total value traded and 43.02% of the total volumes. The MIZ ETF was stable at $0.0460 as 13.89m units exchanged hands. The Tigere REIT eased 0.18% to settle at $1.1400 as 51,400 units exchanged hands.