ZSE extends gains in Tuesday’s trades…
The ZSE market extended gains in the session as the All Share Index gained 0.23% to 194.17pts while, the Blue-Chip Index ticked up 0.49% to 187.32pts. The ZSE Agriculture Index added 0.23% to end pegged at 192.70pts while, on the contrary the Mid Cap Index fell 0.51% to 242.43pts. Sugar processor Star Africa headlined the gainers’ list of the day on a 24.04% upsurge to $0.0360 while, Zimre Holdings trailed behind with a 6.71% increase to close at $0.3500. Spirit and wines producer AFDIS edged up 3.03% to $6.8000 while, banking group CBZ Holdings advanced 2.68% to close at a VWAP of $7.1875. Hippo Valley capped the top five winners of the day on a 2.12% uplift to end pegged at $8.2008. Trading in the negative was banking group ZB that lost 15.00% to close at lower circuit breaker level of $4.6750 while, Tanganda declined 6.64% to $0.8132. Masimba Holdings retreated 0.55% to $3.5800 as telecommunications giant Econet parred off 0.39% to $2.7404. Ecocash Holdings capped the top five worst performers’ list of the day on a 0.10% loss to $0.1299.
Activity aggregates improved in the session as turnover jumped 146.37% to $25.75m while, volume traded ballooned 1,122.51% to 10.13m shares. Activity was mainly confined in Econet in the session as it claimed 63.56% of the volume traded and 68.53% of the value traded. The other notable volume driver was Mashonaland Holdings with a 15.71% contribution while, Delta claimed 18.69% of the value traded. Cass Saddle ETF charged 15.00% to close at $0.1150 as 10,000 units traded in the name. The Tigere REIT fell by 1.03% to $1.2000 as 357,938 units exchanged hands.