ZSE stretches losses in new week …
The ZSE market stretched losses into the new week to see the primary All Share Index falling 0.32% to 196.46pts, while the Top 10 Index dropped 0.89% to 190.62%. The Agriculture Index rose 0.05% to 158.79pts, as the Mid-Cap climbed 1.43% to 241.16pts. Headlining the laggards of the day was banking group CBZ that shed 7.45% to $6.5000, followed by sugar refiner Star-Africa that eased 6.70% to $0.0502. General Beltings lost 4.76% to $0.1000 while, First Mutual Holdings slid 3.74% to $3.8500. Capping the top five losers for the day was retailor OK Zimbabwe that trimmed 1.58% to close at $0.2805 on waning demand. On the other hand, leading winners of the day was property concern First Mutual Properties that went up 13.53% to $1.5866. Ecocash Holdings rebounded 2.98% to $0.1396 while, SeedCo Limited completed the gainers of the day on a 0.52% uplift to settle at $2.4025.
Overall, three counters traded in the positive against nine that lost ground, to leave the market with a negative breadth of six. Activities aggregates were depressed in the session as the volume traded retreated 86.20% on 1.01m shares traded while, turnover plunged 89.65% to $2.32m. Zimre Holdings Limited and Delta drove the volume aggregates as the duo accounted for a combined 93.98% of the outturn. Delta emerged as the top value driver claiming 85.72% of the total. Tigere REIT slumped 0.08% to $1.3364 as 2,801 units
exchanged. Datvest ETF went up 1.13% to $0.0310 on 12,740 units. There was no foreign participation recorded in today’s session.