ZSE records marginal gains in new week…
The ZSE market registered marginal gains in the new week as the All-Share Index rose by 0.31% to settle at 195.61pts while, the Blue-Chip Index charged 0.89% to 188.44pts. On the contrary, the Mid Cap Index fell by 0.46% to 245.26pts while, the Agriculture Index dropped 2.26% to 185.03pts on the back of losses in SeedCo, Ariston and Dairibord. Zimre Holdings headlined the gainers’ list of the day on a 14.93% jump to end pegged at $0.4130, trailed by Mashonaland Holdings that edged up 13.54% to $1.2178. Plastic pipe producer Proplastics added 10.53% to settle at $1.0500 while, Art Holdings gained 1.75% to $0.2000. Banking group NMB fastened the top 5 winners of the day on a 1.55% rise to end at $3.7600. Partially weighing down the market was SeedCo that plunged 13.03% to $2.8005 while, Ariston followed on a 12.24% retreat to close at $0.0502. Dairy processor, Dairibord parred off 5.87% to $1.6002 while, Ecocash shed 4.25% to settle at $0.1253. StarAfrica capped the top five worst performers of the day on a 2.19% descend to end pegged at $0.0610.
Activity aggregates improved in the session as turnover soared 299.67% to $5.00m while, volume traded ballooned 1053.80% to 4.71m shares. Ecocash and Dairibord were the top volume drivers in the session as they claimed a combined 85.99% of the aggregate. The trio of Dairibord, Delta and Econet drove the turnover aggregate as they claimed 31.91%, 27.81% and 25.85% respectively. The Tigere Reit trimmed 3.98% to close at $1.2002 as a circa of 1.65m units exchanged hands. In the ETF category, no price movement were recorded as 5,170 units worth $285.30 traded in the session.