ZSE maintained a positive momentum in Tuesday’s session…
ZSE maintained a positive momentum in Tuesday’s session as the All-Share Index rose by 0.38% to 199.55pts while, the BlueChip Index edged up 0.44% to 196.81pts. The Mid Cap Index added 0.19% to 232.92pts while, on the contrary the Agriculture Index retreated 3.57% to settle at 166.08pts. Telecommunication giant Econet headlined the gainers of the day having gained 11.28% to end pegged at $4.1190 with Dairibord following on a 3.64% increase to $1.7100. Brick manufacturer Willdale firmed up 1.47% to finish at $0.0567. Sugar processor Star Africa and banking group NMB added an identical 1.36% to close at $0.0557 and $3.7400 respectively.
Partially weighing down the market was Hippo Valley that fell 11.67% to $7.2427 with Cafca trailing behind on a 10.00% decline to settle at $18.0000. First Mutual Holdings trimmed 8.58% to $3.9988 while, Ariston Holdings shed 6.25% to $0.0450. Concluding the top five worst performers of the day was BAT that dropped 4.49% to end pegged at $85.0000.
Activity aggregates improved in the session as value traded ballooned by 4,888.99% to $40.76m shares while, volumes traded soared 6,317.53% to 7.03m shares. Econet, Delta and Ariston were the top volume drivers of the day as they claimed 51.05%, 24.71% and 14.34% apiece. Delta and Econet accounted for a combined 93.54% of the total value traded. The Tigere REIT rose 0.58% to settle at $1.2185 as 1,961 units exchanged hands.