Gains in selected heavies lifts the market…
Gains in selected heavies lifted the ZSE in the penultimate session of the month. The mainstream All Share Index grew 2.20% to 201.34pts while, the ZSE Top Ten Index edged up
2.78% to close at 202.25pts. The ZSE Agriculture Index rose 2.27% to 171.06pts while, the Mid Cap Index improved 0.56% to 220.59pts. Construction company Masimba headlined the winning pack after a 14.98% surge to $3.6334, trailed by BAT that garnered 14.29% to $105.1448. Cable manufacturer CAFCA jumped 11.11% to $20.0000 as Turnall soared 9.56% to $0.0550. Packaging group Nampak held the fifth position of the gainers’ pack after a 7.63% charge to settle at $0.5500. Trading in the negative territory was SeedCo limited that trimmed 6.76% to $3.0000 with property concern FMP declining 4.84% to $0.9495. Hippo Valley Estates slipped 4.25% to end at $6.0995 while, Mashonaland Holdings lost 3.33% to $1.4500. Logistics company Unifreight came off 2.94% to close
the day at $1.9800.
Volumes of shares traded ballooned 223.80% to 2.28m while, turnover ballooned 176.84% to $10.33m. First Mutual Holdings and Econet claimed a combined 75.35% of the volume aggregate. Value outturn was anchored by First Mutual Holdings (38.07%), Delta (28.58%) and Econet (24.71%). The Cass Saddle ETF dropped 11.11% to close at
$0.0800 on 6,000 units while, the Datvest MCS was unchanged at $0.0300 on 126,347 units. The Tigere REIT traded 1,133 units at a stable price of $1.1200.