ZSE falters in Thursday’s session…
ZSE faltered in Thursday’s session as the Agriculture Index constituents, Hippo and Tanganda and heavy cap Econet weighed down the market. The All-Share Index trimmed 1.39% to 192.55pts while, the Blue-Chip Index retreated 1.85% to 189.75pts. The Agriculture Index dropped 3.01% to 154.66pts while, on the contrary the Mid Cap Index edged up 0.08% to settle at 225.33pts. Hippo Valley Estates took the greatest knock having lost 14.99% to end pegged at $5.9270 with telecoms giant Econet following on a 6.25% decline to $3.7151. First Mutual Holdings shed 4.12% to $4.1706 while, Tanganda parred off 1.51% to close at $0.9769. Zimre Holdings
capped the top five worst performers of the day on a 1.23% decrease to finish at $0.3200. Partially mitigating today’s losses was Ariston that added 14.11% to $0.0461 with Zimpapers trailing behind on a 1.85% increase to land at $0.1100. NMB Holdings rose 1.35% to $3.7500 while, Ok Zimbabwe ticked up 0.12% to $0.2993. SeedCo Limited concluded the top five gainers of the day on a 0.08% lift to close at $2.3750.
Activity aggregates improved in the session as volumes traded surged 146.92% to 18.37m shares while, turnover soared 307.46% to $9.59m. Ecocash Holdings took the spotlight in the in the volume category as it claimed 85.50% of the outturn. The top value drivers were Econet and Ecocash again that claimed 64.68% and 20.48% of the value traded in the session. The Tigere REIT dropped 0.69% to $1.1595 as 9,541 units exchanged hands in the session while, the Revitus REIT fell 0.24% to $0.6280 as 3,275 units traded in the session.