ZSE rebounds in midweek session…
The ZSE market rebounded in mid-week session as the primary All Share Index rose 0.43% to close at 359.61pts while, the Blue Chips Index went up 0.39% to 371.27pts. The ZSE Agriculture Index ticked up 8.89% to 260pts as the Mid Cap Index went up 0.71% to 334.28pts. Cigarette manufacturer BAT led the rising tide after a 15.00% charge that took it to $247.11000, albeit it closing well offered lower. Trailing was Proplastics that surged 14.78% to close at $1.3200 on scrappy 100 shares. Logistics concern Unifreight jumped 13.78% to end pegged at $2.7306 while, Hippo edged up 10.41% to settle at $8.2839. Milk processor Dairibord grew 9.70% to end pegged at $2.1940. Trading in the negative territory was Rainbow Tourism Group that succumbed 14.42% to $1.0098 as brick maker Willdale followed on a 12.50% decline to close at $0.0350. Packaging group Nampak tumbled 10.34% to settle at $0.7800 as Zimre Holdings trimmed 9.50% to end pegged at $0.5000. SeedCo Limited capped the top five fallers of the day on a 1.70% retreat that took it to $4.6205.
Total volumes traded declined 9.32% to 2.35m shares while, turnover dropped 5.14% to $21.56m. Top volume drivers of the day were Delta (22.89%), Econet (15.54%), Meikles
(13.41%), TN Cybertech (12.34%) and Tanganda (11.85%). Delta and Econet anchored the value aggregate on respective contributions of 71.93% and 15.48%. The Cass Saddle ETF was stable at $0.1020 as 12,500 units exchanged hands in the session. The Tigere REIT dropped 1.93% to trade at $1.6219 as 14.69m units worth $23.82m were swapped.