ZSE recovers ahead of the week’s final session…
The ZSE market recovered in Thursday’s session as the AllShare Index edged up 1.72% to 219.22pts while, the Blue-Chip Index added 1.54% to 215.95pts. The Agriculture Index ticked up 3.42% to 170.56pts while, the Mid Cap Index rose 2.37% to 252.24pts. Agricultural concern Ariston led the gainers of the day on a 32.74% jump to settle at $0.0300, with sugar refiner trailing on a 17.06% lift as it closed at $0.0351. BAT Zimbabwe Limited notched up 15.00% to $80.5000 while, Zimre Holdings grew 12.00% to $0.2800. FML Holdings completed the top five gainers’ list of the day as it went up 11.10% to land at $1.1125. Partially weighing down the market was ZSE Holdings which retreated 14.98% to finish at $1.2362 as Turnall followed behind on a 12.17% decline to $0.1054. Former retailer giant OKZIM fell 4.63% to end at $0.1812 while, beverages producer Delta parred off 0.11% to close at $15.6027.
Activity aggregates faltered in the session as volumes traded dropped 47.58% to 634,800 shares while, turnover dipped 77.70% to $2.99m. Volume drivers of the day were NMB (38.75%), Turnall (16.02%) and Delta (11.66%). Delta and NMB drove the value traded as they claimed a combined 75.56% of the total. In the REIT category, the Revitus REIT climbed 12.80% to $1.4100 on 4,100 units while, the Tigere REIT added 9.24% to $1.5657 as 748,488 units amounting to $1.17m exchanged hands.