ZSE commences the week on a positive note…
The market commenced the new week in gains as selected heavies lifted the ZSE. The All-Share Index gained 0.22% to close at 195.39pts while, the ZSE Top 10 Index rose 0.31% to 193.34pts. On the other hand, the Agriculture Index fell 1.68% to 158.92% on the back of losses in multinational tobacco company BAT & tea producer Tanganda. The Mid-Cap Index shed 0.08% to end at 225.66pts. Headlining the gainers’ list was First Mutual Holdings Limited with a 8.75% increase to $4.3500, as OKZIM trailed after a 7.13% surge to $0.3000.
Ariston charged 2.43% to $0.0405 while, Ecocash edged up 0.87% to $0.1210. Plastic pipes and fittings producer Proplastics rose 0.52% to cap the top five winners of the day at $1.3905. Leading the laggards of the day was Zimpapers which dipped 14.62% to $0.1080 while, BAT retreated 5.76% to $80.1000. Tanganda followed as it slid 4.26% to $0.9000 furthermore, Nampak trimmed 2.78% to close at $0.7000.
Volume traded improved 3.17% as circa 6.31m shares exchanged hands while, turnover dropped 13.06% to $23.42m. Driving the volume was NMB and Econet with a shared 80.68% additionally, the duo claimed a combined 82.84% of the total value for the day. Datvest ETF advanced 3.33% to $0.0310 at 3,528 units. Revitus REIT gained 8.60% to close at $0.6299 as 5,460 units exchanged hands while, Tigere REIT grew 0.16% to $1.1995 with 276 units.