ZSE closes 0.3% lower ahead of holidays…
The ZSE closed Friday’s session on a 0.3% loss ahead of Heroes holidays to end pegged at 203.32pts while, the Top ten Index lost 0.27% to 199.20pts. The Agriculture Index eased 0.21% to 173.19pts as the Mid Cap Index parred off 0.39% to 238.62pts. Brick maker Willdale led the laggards of the day on a 14.12% drop to $0.0301, followed by construction group Masimba Holdings that slipped 13.04% to $2.0000. Mash Holdings trimmed 11.93% to close at $1.2000 while, Zimre Holdings Limited tumbled 5.45% to $0.2600. Star Africa capped the worst performers of the day on a 4.79% retreat to end the day at $0.0476. Partially mitigating today’s losses was small cap counter Turnall that jumped 38.73% to $0.0700 while, tea producer Tanganda went up 4.54% to $1.1525. Hotelier RTG charged 4.50% to settle at $0.7315 while, ZBFH inched up 1.57% to $3.0573. Telecoms giant Econet completed the top performers of the day on a 0.61% uplift to close at $4.6382. The market closed with a negative breadth of one after eight counters recorded losses against seven gainers.
Activity aggregates were depressed in the session as volume traded tumbled 99.61% to 905,300 shares while, turnover shed 88.71% to $4,003,891.57. Top volume drivers of the day were SeedCo (51.79%), Delta (14.14%) and Star Africa (10.17%). Delta and SeedCo again highlighted the turnover of the day after contributing 44.28% and 43.21% respectively. Datvest ETF exchanged 1,000 units flat at $0.0300. Tigere REIT dropped 0.55% to settle at $1.2928 as 2,268 units exchanged hands in the last session of the week.