ZSE ends rising streak…
The market closed in the red, bringing to halt a fifteen day rising streak as the All Share Index slid 0.96% to 259,732.34pts while, the Blue Chip Index fell 1.76% to 115,406.43pts. The Agriculture Index inched up 0.08% to 678.00pts while, the Mid Cap Index gained 1.14% to 1,061,161.09pts. Apparel retailer Edgars headlined the winners of the day on a 12.10% jump to $170.3934 followed by Meikles that surged 11.40% to $1,927.2300. Proplastics went up 3.02% to close at $652.1429 while, General Beltings edged up 1.23% to $36.0000. Hotelier RTG capped the top performers of the day on a 1.22% uplift to end the day pegged at $186.2500. In contrast, telecoms giant Econet led the laggards of the day on a 10.61% retreat to $1,072.2569 while, fintech group Ecocash Holdings eased 0.88% to close the day at $212.5022. Nampak declined 0.20% to $349.2857 as beverage giant Delta sank 0.09% to $4,999.6876. Mash Holdings completed the losers pack on a 0.02% slid to end the day pegged at $155.3157. Ten counters recorded gains against seven that faltered to leave the market on a positive breadth of three.
Activity aggregates declined in the session as volume traded succumbed 56.96% to 2.54m shares while, value traded plummeted 29.49% to $2.90bn. The top volume drivers of the day were FBC Holdings, Star Africa and Delta that contributed 50.07%, 20.69% and 13.06% respectively. The trio of Delta, FBC Holdings and OKZIM contributed a combined 97.13% to the total value traded. A total of 68,020 units exchanged hands on the ETF section. MCMS ETF lost 0.38% to $513.0000 while, OMTT ETF shed 5.64% to settle at $40.5760. The Revitus REIT exchanged 1500 units flat at $600.0000 while, Tigere REIT trimmed 0.12% to end the day pegged at $377.0000 as 48,770 units exchanged hands.