ZSE falters in mid-week session…
ZSE faltered in mid-week session as losses in selected heavies weighed on the market. The All-Share Index fell 2.03% to 194.83pts while, the Blue-Chip Index retreated 2.74% to
186.88pts. Conversely, the Agriculture Index added 0.21% to 162.23pts while, the Mid Cap Index climbed up 1.08% to 246.86pts. Beverages manufacturer Delta headlined the losers of the day having lost 7.51% to close at a VWAP of $12.7121having traded an intraday low of $11.1865 as BAT followed on a 6.24% loss to $75.0000. TSL Limited parred off 1.98% to land at $2.7900 while, TNCI Holdings shed 1.27% to $0.1229. Nampak Zimbabwe capped the top five losers of the day on a 1.02% decline to close at $0.9700. Partially mitigating today’slosses was sugar refiner Star Africa that garnered 13.96% to end pegged at $0.0522 with Hippo Valley trailing behind on a 12.52% uplift to close at $5.9522. ART Holdings ticked up 5.31% to $0.1685 while, telecoms giant Econet edged up 1.46% to $4.0800. SeedCo Limited completed the top five gainers of the day on a 1.29% increase to settle at $3.0522.
Activity aggregates were depressed in the session as turnoverdipped 44.43% to $15.28m while, volumes traded plummeted 92.73% to 3.58m shares. The top volume drivers of the day were Proplastics (26.57%), Econet (18.48%), Delta (16.41%)and TSL (10.98%). The duo of Delta and Econet drove the value aggregate as they claimed 46.82% and 17.68% apiece. Datvest MCS ETF was stable at $0.0300 as 100 units were traded while, Morgan & Co Made in Zim fell 1.64% to $0.0480 as 600 units exchanged hands. The Tigere REIT added 0.36% to $1.4003 as 544,529 units were traded in the session.