27 December 2022
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ZSE surges in new trading week...
The market continued to surge in the holiday shortened week
as the primary All share Index jumped 5.60% to 18322.47pts.
The Blue-Chips Index soared 7.18% to end at 11473.71pts
while, the Agriculture Index remained constant at 71.42pts.
The Mid-Cap Index added 1.99% to close the day at
35480.16pts. Hoteliers RTG led the gainers pack on a 14.90%
jump to $8.8700 followed by clothing retailers Edgars that
garnered 11.80% to settle at $9.0000. Telecoms giant Econet
advanced 11.77% to $89.6419 while, Axia rose 9.76% to
$114.3478. Conglomerate Innscor capped the top five
winners of the day after an 8.21% uplift to end at $561.7431.
Two counters recorded losses in the midweek session as
Mashonaland Holdings headlined the duet on a 14.09% drop
to $10.9531. Cigarette manufacturer BAT slipped a negligible
0.02% to close at $2799.3333. Activity aggregates were
depressed in the session as turnover dipped 78.37% to
$261.60m while, volume eased 98.60% to 1.29m shares.
Delta held the lion’s share of the volume and value aggregates
claiming 77.61% of the former and 94.91% of the latter. Other
notable volume drivers of the day were Willdale, OKZIM and
Proplastics that accounted for a combined 15.61% of the
aggregate. On the ETFs: the Datvest ETF went up 0.63% to
$1.6100 while, the Old Mutual ETF let go 3.89% to $6.5080. A
total of 6,660 units worth $30,218.50 exchanged hands in the
two ETFs. The Tigere REIT was stable at $38.0000 as 445,875
units worth $16.94m traded in the session. Padenga was the
only counter to trade on the VFEX as 7,458 shares traded at
an unchanged price of USD$0.2280.
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