ZSE eked out gains in Friday’s session as weighty heavies managed to keep the market afloat. The mainstream All Share Index advanced 0.28% to 99.03pts while, ZSE Top Ten Index added 0.65% to 96.98pts. The Mid Cap Index went up 0.11% to close at 104.23pts. The ZSE Agriculture Index was the only decliner amongst the indices under our review as it dropped 1.65% to 95.25pts. Seed manufacturer SeedCo Limited dipped 14.47% to $1.2837 while, agriculture concern Ariston succumbed 13.40% to $0.0420. Fintech group Ecocash tumbled 0.44% to $0.3090 as Turnall shed 0.38% to $0.0264. Milk processor Dairibord trimmed 0.03% to end pegged at $1.2025. Headlining the winners’ pack was Mashonaland Holdings that jumped 7.70% to $0.1400. Trailing was Econet that surged 2.94% to $1.4500. Star Africa and Meikles put on 2.56% and 0.77% to settle at $0.0067 and $2.4512 apiece. Retailer OKZIM improved 0.74% to $0.5800 as it completed the top five gainers of the day.
Volume of shares traded dipped 58.21% to 718,300 shares while, turnover sunk 46.50% to $1.58m. Volume leaders of the day were Star Africa, Delta, Econet, Meikles and NMB that claimed a combined 94.16%. Value leaders of day were Delta, Meikles and Econet that accounted for a combined 89.82%.
The Old Mutual Top 10 ETF was the only fund to register trades after a 9.76% uplift to $0.1098 on 15,789 units. The Tigere REIT slipped 2.02% to end at $0.5585 as circa 6.97m units traded. The Revitus REIT was stable at $0.2200 for the second consecutive session as 118 units exchanged hands.