ZSE continues to falter…
The ZSE continued to falter in mid-week session as selected heavies dragged down the market. The All-Share Index declined 0.30% to 198.95pts while, the ZSE Top 10 Index shed 0.22% to 192.94pts. The ZSE Agriculture Index went down 3.86% to settle at 182.08pts on the back of losses in Seed Co, BAT and TSL. The Mid-Cap Index slipped 0.54% to 244.61pts. Leading the laggards for the day was SeedCo Limited that dipped 10.17% to close at $2.6500 while, BAT followed with a 9.09% retreat to $90.0000. TSL eased 3.46% at $2.7998, trailing behind was banking group CBZ Holdings with a 2.71% slip to $6.8100. Capping the top five laggards of the day was Turnall Holdings with a 1.42% slump to close at $0.0690. On the other hand, at the top of the gainers’ list was Willdale which soared by 50.00% to $0.0600 while, telecommunications giant Econet rose 3.33% to $3.5037. Rounding up the top five performers of the day was Star Africa with a 0.18% at $0.0501.
Volume of shares traded ballooned 841.96% as 34.45m shares exchanged hands in today’s session while, turnover increased by 102.99% at $40.06m. OK Zimbabwe was the top traded stock by volume claiming 84.63%. Notably NMB accounted for 9.56% of the volume aggregate. However, Delta, NMB and OK
Zimbabwe accounted for a combined 94.48% of the value aggregate. Datvest MCS traded 8,600 units as it maintained a price level of $0.0300. The Tigere REIT rose 0.07% to $1.2158 as 26,801 units exchanged hands.