ZSE slips into the red…
The market slipped into the red in Tuesday’s session to see the All-Share Index retreating 0.01% to end at 199.55pts while, the Agriculture Index let go 0.01% to 189.39pts. The Mid Cap Index lost 0.33% to end at 245.93pts. On the contrary, the ZSE Top Ten Index went up 0.09% to close at 193.36pts. Star Africa was
the top laggard of the day on a 9.17% decline to $0.0501. Zimre Holdings Limited dropped 7.34% to $0.3243 while, hotelier RTG trimmed 1.10% to $0.6300. SeedCo Limited was 0.15% softer at $2.9500 while, banking group FBC closed at $7.6100 having trimmed 0.08%. Partially offsetting losses on the bourse were gains in OK Zimbabwe that jumped 1.65% to $0.3150 as NMB gained 1.00% to $3.7400. Econet Wireless added 0.94% to settle at $3.3909 as ART improved 0.21% to $0.1705.
Volume of shares traded plummeted 96.30% to 3.66m as turnover tumbled 92.30% to $19.74m. Volumes were
anchored by RTG (33.41%), Delta (28.03%), NMB (27.36%) and Econet (10.64%). Delta and Econet claimed a combined 89.26% of turnover. Morgan and Co MCS was stable at $1.8900 on 100 units. Tigere REIT slipped 0.41% to $1.2150 while, Revitus Property went up 3.17% to $0.5700.