ZSE register gains in week opening session…
The market registered gains in the week opening session as the primary All Share Index gained 3.84% to 594,074.74pts while, the Blue-Chip Index lost 6.24% to 242,330.46pts. The Agriculture Index fell 2.42% to 1,568.63pts while, the Mid Cap Index firmed up 4.76% to 2,045,523.82pts. Conglomerate Art Corporation and Riozim headlined the top performers of the day on a similar 15.00% jump to $103.5000 and $1,035.0000 respectively. Retailer OkZim surged 14.92% to close at $722.4797 while, Zimre Holdings grew 14.71% to $201.0244. Banking group FBC Holdings capped the winners of the day on a 14.29% uplift to end the day pegged at $3,200.0000. In contrast, CBZ Holdings and seed producer SeedCo Limited led the laggards of the day on an equivalent 15.00% decline to $7,820.0000 and $3,381.9500 respectively. Tea producer Tanganda dropped 14.93% to settle at $2,860.0000 while, beverage giant Delta retreated 14.07% to $8,600.1041. Hotelier Meikles Limited completed the fallers of the day on an 8.28% slump to end the day pegged at $6,190.9893. Thirteen counters registered gains against seventeen that faltered to leave the market with a negative breadth of four.
Activity aggregates were depressed in the week opening session as volume traded succumbed 41.96% to 3.21m shares while, value traded fell 74.10% to $7.41bn. The trio of Econet, Okzim and Ecocash holdings contributed a combined 75.82% to the total volume traded. The top value drivers of the day were Econet (49.88%), Delta (34.81%), Okzim (6.65%) and Ecocash Holdings (3.86%). On the ETF section, 137,450 units exchanged hands. Datvest inched up 14.29% to $16.0000 while, Morgan & Co Multi Sector ETF edged up 0.11% to close at $530.6000. OMTT ETF went up 0.76% to end the day pegged at $98.1422. Both REITs were active in the week opening session as 2,280 units exchanged hands. Revitus REIT soared 7.69% to $560.0000 while, Tigere REIT notched up 1.92% to $604.1053.