ZSE falters in midweek session…
The market faltered in midweek session as the All-Share Index shed 0.15% to close at 198.16pts. The ZSE Top 10 Index eased 0.48% to 193.25pts. The Agriculture Index advanced 1.82% to 165.18pts while, the Mid-Cap firmed up 0.85% to 239.57pts. Leading the idlers of the day was agro-industrial farmer Ariston that dropped 6.67% to end pegged at $0.0400. Telecommunications giant Econet dipped 2.02% to settle at
$3.8015 while, banking group CBZ gave up 1.39% to $7.1000 on weakening demand. Turnall retreated 0.28% to $0.0702 as SeedCo Limited was 0.19% softer at $2.3810, ahead of its FY24 Financial results. Headlining the winners of the day was TSL that soared 13.82% to $2.8455, having reached a high of $2.8750. Zimpapers edged up 0.50% to $0.1005 while, Zimre Holdings Limited went up 0.18% to $0.2600. Ecocash and Dairibord added an identical 0.14% to settle at respective prices of $0.1351 and $1.7800 as the duo completed the top five risers set.
Foreigners were net sellers in the session as inflows stood at $60,907.00 while, outflows amounted to $7,620,900.00. Activity aggregates enhanced as volume ballooned 233.56% to 3.65m shares while, turnover surged 102.08% at $11.77m. Econet and TSL drove the aggregates as the duo claimed a combined 86.50% of the volumes traded and 95.56% of turnover. The Tigere REIT gained a negligible 0.01% to close at $1.3356 on 109,203 units as the Revitus REIT firmed up 1.45% to $0.7000 after 83 units exchanged hands.