ZSE maintains positive momentum…
The market maintained its positive momentum in the second session of the week as the primary All Share Index rose 1.11% to 502,323.96pts while, the Blue-Chip Index gained 1.69% to 222,032.24pts. The Agriculture Index lost 0.70% to 1,389.41pts while, the Mid Cap Index fell 0.76% to 2,089,360.86pts. Beverages giant Delta headlined the top performers of the day on a 5.51% jump to $7,747.5547 followed by apparel retailer Edgars that surged 5.25% to close at $399.9500. Milk processor Dairibord gained 2.56% to $1,000.0000 while, Willdale inched up 2.02% to $54.8090. Cafca capped the top five winners of the day on a 0.57% uplift to end the day pegged at $8,800.0000. On the contrary, Meikles led the laggards of the day on a 9.80% slid to $2,473.4948 while, TSL declined 5.23% to $2,175.0000. Retailer Okzim eased 0.73% to $580.6993 as fintech group Ecocash Holdings retreated 0.60% to settle at $531.8859. Star Africa completed the top fallers list of the day on a 0.53% drop to end the day pegged at $7.2907. The market closed on a positive breadth of one after nine counters recorded gains against eight that faltered.
Activity aggregates were depressed in the session as volumes traded succumbed 80.81% to 1.25m shares while, turnover declined 59.42% to $2.30b. The top volume drivers of the day were FBC (24.28%), TSL (21.95%) and Edgars (17.51%). The trio of FBC, TSL and Delta contributed a combined 72.60% to the total value traded. A total of 129,960 units exchanged hands in the ETF category. MIZ ETF edged up 5.56% to close at $19.0000 while, OMTT ETF soared 8.69% to end the day pegged at $85.8649. There was no activity on the REIT section.