ZSE records gains in week opening session…
The ZSE market recorded gains in the week opening session as the primary All Share Index rose 0.95% to 284.02pts while, the Blue-Chip Index added 0.24% to 305.12pts. The Agriculture Index put on 2.55% to 207.93pts while, the Mid Cap Index gained 3.52% to 242.54pts. Tea producer Tanganda headlined the top performers of the day on a 14.99% jump to $2.3550, followed by Mash Holdings that surged 13.50% to $1.7025. Construction company Masimba charged 12.01% to $2.9739 while, retailer Ok Zimbabwe firmed up 11.14% to close at $0.9447. Cigarette manufacturer BAT completed the top five risers list of the week on a 8.01% upsurge to end the day pegged at $86.7300. In contrast, Nampak led the laggards of the day on a 5.38% drop to $1.2300, followed by Star Africa that tumbled 3.29% to $0.0210. ART fell 3.19% to settle at $0.5525 while, brick manufacturer Willdale eased 2.97% to $0.0528. Zimre Holdings Limited completed the top five laggards of the day on a 2.19% retreat to end the day pegged at $0.4195. The risers and fallers spectrum was equally distributed at eight.
Activity aggregates were depressed in the session as volumes traded dropped 67.46% to 1.18m shares while, turnover declined 45.68% to $13.34m. Delta anchored today’s volume and value aggregates after contributing 49.99% to the former and 95.41% to the latter. Other notable volume drivers of the day were Star Africa (28.95%) and Ariston (7.40%). A total of 12,788 units exchanged hands in the ETF section. OMTT ETF inched up 3.57% to settle at $0.2900. Tigere REIT dropped 0.06% to end the day pegged at $1.3599 as circa 1.24m units exchanged hands in the name.