ZSE falters in Friday’s trades…
The ZSE market faltered in Friday’s session as the All-Share Index was 0.23% weaker at 194.56pts while, the Blue-Chip Index was 1.02% lower at 186.78pts. The Agriculture Index declined 1.09% to settle at 189.30pts while, on the contrary the Mid-Cap Index was 2.10% higher at 246.38pts. Zimpapers led the laggards of the day as it plunged 14.23% to $0.1130 while, First Mutual Limited trailed behind on a 12.95% slid to $3.9000. Cigarette manufacturer BAT was 9.54% down at $100.0000 as bankers ZB closed pegged at $3.8000 following a 5.00% descent. Agriculture concern Ariston capped the laggards of the day on a 4.67% retreat to $0.0572. Partially offsetting the daily losses was Turnall that charged 16.67% to $0.070, while seed producer SeedCo limited jumped 14.97% to $3.2203 on scrappy 200 shares. Tea producer Tanganda advanced 14.67% to close trading at $0.9325 while, Proplastics was 10.57% firmer at $0.9500. Property concern First Mutual was 7.79% higher at $1.2935 as it fastened the top five gainers list of the day.
Activity aggregates faltered in the session as volumes traded dropped by 98.67% to 408,400 shares while, turnover declined by 96.80% to $1.25m. Top volume drivers of the day were First Mutual Properties and TSL as the duo contributed a combined 43.14% of the total traded. Delta, Hippo, TSL and First Mutual Properties drove the turnover aggregates of the day with respective contribution of 33.08%, 23.67%, 13.56% and 11.48%. In the ETF category, the Cass Saddle ETF was 0.09% lower at $0.1321 while, Datvest MCS was stable at $0.0300 as 48,900 units exchanged hands in the name. The Tigere REIT shed 1.80% to $1.2500 as 17,712 units exchanged hands in the name.