ZSE slips into the red…
The ZSE market slipped into the red in mid-week session as the All Share retreated 1.34% to 205.22pts mainly weighed down by the heavies. The Blue-Chip Index was 1.85% weaker at 200.23pts as BAT and Econet continued to lose ground while, the Agriculture Index parred off 1.27% to 179.65pts. On the contrary, the Mid Cap Index rose by 0.26% to 247.75pts. Brick manufacturer Willdale led the laggards of the day as it plunged 12.25% to $0.0351, followed by Turnall that eased 9.09% $0.0500. Cigarette producer BAT shed 7.14% to $104.0000 while, hotelier RTG closed the day pegged at $0.6613 following a 5.53% descent. Telecommunications giant Econet declined 5.45% to end trading at $3.5929. Partially offsetting the risers of the day was TSL that charged 12.90% to close at $1.7500 while, banking group ZB edged up 3.64% to close at $4.5000. First Mutual Holdings was 0.95% up at $3.4000 while, agriculture concern Ariston ticked up 0.40% to $0.0506.
Activity aggregates improved in the session as turnover traded ballooned 232.38% to $27.92m while, volume traded increased by 29.61% to 3.89m shares. The duo of Delta and Econet drove the activity aggregates of the day as they contributed a combined 94.07% of the volume traded and claimed 94.06% of the value traded. The Tigere REIT was 0.09%
higher at $1.5046 while, the Revitus REIT was 0.45% up at $0.5550 as 10 units exchanged hands in the session.