ZSE market continues to falter…
The ZSE market continued to falter in the session as the AllShare Index fell 0.04% to 196.39pts while, the Agriculture Index retreated 1.03% to 157.16pts. The Mid Cap Index parred off 0.15% to close at 240.80pts. On the contrary, the ZSE top Ten Index added a negligible 0.0069% to end at 190.63pts. Brick manufacturer Willdale led the fallers of the day having lost 25.00% to end pegged at $0.0300. Following was Hippo Valley Estates that declined 6.85% to settle at $4.6950. Retailer OKZIM shed 1.26% to $0.2770 while, beverages manufacturer Delta eased 0.20% to land at $13.2000. Ecocash Holdings completed the losers of the day on a 0.04% retreat to settle at $0.1395. Partially mitigating today’s losses was FBC Holdings that climbed 1.98% to finish at $7.7502. Another banking group NMB Holdings followed after rising 0.07% to $3.7025 while, Tanganda Tea Company added 0.05% to $0.9000. Telecoms giant Econet improved 0.04% to close at $3.8000 while, Seed Co Limited capped the gainers of the day on a 0.03% lift to $2.4033.
Gainers and fallers of the day were equally distributed at five. Foreigners were net sellers in Econet as 2.58m shares worth $9.83m exchanged hands. Econet Wireless highlighted the session as it drove both the volume and value aggregates claiming 82.46% of the former and 90.41% of the latter. Activity aggregates improved in the session as turnover soared 385.64% to $11.27m while, volumes traded surged 222.71% to 3.25m shares. The Tigere REIT shed 0.07% to close at $1.3354 as 19,443 units exchanged hands in the name.