Losses persist on the bourse…
Losses persisted on the ZSE as the primary All Share Index fell 1.50% to 200.08pts while, the Blue-Chip Index lost 2.26% to 197.80pts. In contrast, the Agriculture Index added 0.45% to 178.05pts while, the Mid Cap Index rose 0.79% to 231.34pts. Banking group FBC was the top faller of the day after it dropped 11.11% to $8.0000, followed by tea producer Tanganda that eased 6.55% to $1.7930. Econet parred off 4.45% to close at $2.8058 while, retailer OK Zimbabwe slipped 2.54% to $0.3000. Beverage giant Delta capped the laggards of the day on a 0.63% decline to settle at $13.4193. Partially mitigating today’s losses was CFI that charged 14.83% to $4.8000 while, ART firmed up 12.01% to $0.2705. Construction group Masimba gained 9.97% to $3.2990 while, Star Africa charged 3.69% to settle at $0.0207. CAFCA capped the top performers of the day on a 0.02% lift to end at $20.4000.
Activity aggregates were mixed in the session as volume traded ballooned 246.06% to 21.86m shares while, turnover shed 22.27% to $4.61m. Star Africa highlighted the volume aggregate after contributing a gigantic 96.12%. Top value drivers of the day were Delta (47.77%) and Econet (38.96%). No trades were registered in the ETF category. Tigere REIT trimmed 0.04% to $1.1920 after a total of 900,593 units exchanged hands in the name.