ZSE rebounds post Defence and Hero’s holidays…
The ZSE market rebounded post Defence and Hero’s holidays as the primary All-Share Index moved up 0.07% to 203.46pts while, the Blue-Chip Index rose 0.08% to 199.36pts. The Agriculture Index firmed up 0.13% to 173.42pts anchored by gains in Ariston and Tanganda gains while, the Mid-Cap added a similar 0.13% to 238.93pts. Headlining the gainers of the day was brick manufacturer Willdale that charged 12.56% to
$0.0338 while, hotelier RTG shot up 11.00% to $0.8120. Ariston advanced 7.00% to $0.0321 as tea producer Tanganda trailed behind on a 1.95% uplift to close at $1.1750. Concluding the top five performers of the day was retailer Meikles that edged up 1.42% to $3.5500. On the contrary, investment company ZSE Holdings Limited led the laggards of the day as it fell 7.13% to $1.9498 followed by sugar refiner Star Africa that slid 5.14% to $0.0452. Bankers NMB shed 3.64% to $3.6135 while, retailer OK Zimbabwe eased 1.04% to $0.2100. Telecommunications giant Econet capped the laggards of the day on a 0.83% retreat to $4.5999.
Activity aggregates for the day were improved as turnover surged 579.72% to $27.22mn while, volume ballooned 583.14% to see 6.18mn shares exchange hands. Econet highlighted activity aggregates in the session as it claimed 87.64% of the volume and 91.62% of the value traded. Tigere REIT edged up 0.15% to $1.2948 on 2,432 units while, Datvest MCS ETF remained stable at $0.0300 as 1,200 units exchanged hands.