ZSE records losses in the first session of March…
The market recorded losses in the first session of March as the primary All Share Index lost 0.58% to 522,532.48pts while, the Blue-Chip Index shed 0.99% to 233,304.64pts. The Agriculture Index rose 1.83% to 1,427.44pts while, the Mid Cap Index firmed up 1.19% to 2,116,981.12pts. Proplastics led the laggards of the day on a 3.55% slid to $1,350.0000 while, Meikles Limited declined 1.22% to settle at $2,422.5000 where demand could be found. Banking group CBZ Holdings retreated 0.63% to $7,900.0000, while Star Africa eased 0.33% to settle at $8.2775. Seed producer Seed Co completed the fallers of the day as it lost a mere 0.01% to end the day pegged at $2,350.1822. On the contrary, Mashonaland Holdings headlined the top performers of the day on a 14.98% jump to $347.3500, followed by TSL that surged 10.17% to close at a VWAP of $2,396.0899. Ariston garnered 7.46% to end trading at $70.7109 while, fintech group Ecocash Holdings advanced 1.60% to $679.7313. Nampak capped the top five winners list of the day on a 0.52% ascent to end the week pegged at $490.0000. The market closed on a negative breadth of three after seven counters recorded gains against ten that faltered.
Activity aggregates enhanced in the session as volume traded inched up by 42.40% to 961,373 shares while, value traded jumped 177.27% to $1.70b. The top volume drivers of the day were TSL (25.13%), Starafrica (24.80%) and Turnall (16.46%). The trio of Delta, TSL and Econet dominated the turnover category as they claimed a combined 90.87% of the total. Morgan and Co Multi Sector ETF notched up 14.07% to $701.5000 while, Datvest ETF advanced 4.81% to $19.488. MIZ ETF dropped 5.00% to settle at $19.0000. Tigere REIT dropped 0.78% to settle at $610.0000 as a total of 3,297 units exchanged hands.