ZSE subdued in the week-ending session…
The market was subdued in the week ending session as the primary All Share Index retreated 0.45% to 259.05pts. The ZSE Top Ten Index shed 0.55% to close the day at 279.69pts. The ZSE Agriculture Index was stable at 211.91pts while, the Mid Cap Index added 0.26% to close at 198.96pts. Retailer OKZIM held the pole position in the fallers’ category after a 7.71% drop to $0.9228. CBZ gave up 6.97% to $14.8762 as Ecocash trimmed 4.10% to $0.3950. Beverages giant Delta parred off 2.59% to settle at $18.5083 while, construction group Masimba capped the top five losers of the day on a 0.43% loss to $2.3016. Partially mitigating today’s losses was Zimpapers that surged 12.86% to close the week at $0.0632. Banking group FBC soared 12.52% to $11.1671 as Willdale garnered 6.45% to $0.0522. Star Africa charged 5.27% to $0.0149 while, Zimre Holdings rose 4.11% to $0.3332.
Turnover tumbled 86.64% to close below the $1m psychological mark, as it ended the day pegged at $818,080.08. Volumes traded plummeted 84.15% to 377,400 shares. Volume drivers of the day were Star Africa and Ariston with respective contributions of 48.07% and 11.66%. Delta and Econet anchored the value aggregate as the duo claimed 51.13% and 21.30% apiece. The Old Mutual ETF put on 2.23% to $0.1636 while, contrastingly the Datvest MCS slipped 12.13% to $0.0300. The Morgan and Co MCS was stable at $0.6500 on 126,140 units. The Tigere REIT went up 0.35% to $1.0993 as 2.89m units exchanged hands.