ZSE slips further ahead of National youth Holidays…
The ZSE market slipped further ahead of the national youth holiday as the primary All Share Index lost 2.19% to 496,993.42pts. The Blue-Chip Index fell 3.16% to 217,846.43pts while, the Agriculture Index shed 0.89% to 1,471.39pts. On the contrary, was the Mid-Cap Index that added 0.52% to settle at 2,140,028.21pts. Banking group CBZ Holdings led the laggards of the day on a 11.69% drop to $8,999.0000, followed by Econet that trimmed 8.82% to settle at $1,538.5508. Milk processor Dairibord declined 7.56% to $1,080.000 while, Ariston retreated 4.22% to $85.2454. Retailer OKZim capped the fallers of the day on a 1.85% descent to end the day pegged at $625.4476. Mashonaland Holdings headlined the top performers of the day on a 14.99% jump to $287.3000 while, hotelier Meikles surged 8.66% to close at $2,677.2972. Cafca advanced 2.92% to $9,000.0000 while, FBC Holdings edged up 0.44% to $2,812.2517. Hotelier RTG completed the top five winners of the day on a 0.26% uplift to end the day pegged at $625.4476. The market closed with a negative breadth of four after twelve counters registered gains against eight that faltered.
Activity aggregates were depressed in the session as volumes traded fell 53.17% to see 1.06m shares exchange hands while, turnover dropped 61.67% to $1.99bn. The trio of OK Zimbabwe, RTG and Delta dominated in the volume category as they claimed a combined 62.06% of the total. The top value drivers of the day were Delta (49.43%), CAFCA (13.32%), and OK (10.73%). A total of 25,953 units exchanged hands in the ETF section which saw Cass Saddle ETF and Morgan and Co Multi Sector ETF trading flat at $8.5000 and $79.0000 respectively. The Datvest MCS ETF parred off 1.32% to close at $18.7489 as 7,560 units traded in the session. Tigere REIT eased 0.33% to end the day pegged at $593.0137 after 14,956 units exchanged hands.