ZSE maintains positive momentum…
ZSE maintained a positive momentum in mid-week session as the All-Share Index gained 0.48% to 196.54pts while, the BlueChip Index added 0.57% to 189.50pts. The Agriculture Index ticked up 0.39% to 185.76pts while, the Mid Cap Index rose 0.21% to 245.78pts. Ecocash Holdings led the gainers of the day after a 14.96% surge that took it to $0.1440 while, banking giant CBZ followed on a 8.64% increase to finish at $7.8000. Proplastics Limited edged up 7.64% to $1.1303 while, banking group ZB advanced 5.26% to $4.0000. SeedCo Limited capped the top 5 risers of the day on a 3.91% uplift to end at $2.9100. Trading in the negative was Zimre Holdings that dropped 7.99% to end pegged at $0.3800. Telecoms giant Econet trailed behind on a 1.70% decline to settle at $2.8699 while, NMB Holdings parred off 1.59% to close at $3.7000. Beverages manufacturer Delta retreated 0.35% to $13.4998 while, retailer OK Zimbabwe capped the top five worst performers of the day on 0.17% decline to $0.3598.
Activity aggregates were mixed in the session as turnover soared 109.49% to $10.47m whereas, volume plummeted by 52.29% to 2.25m shares. The top volume drivers of the day were Econet, Delta, Dairibord and NMB that claimed a combined 95.27% of the aggregate. Delta, Econet and NMB claimed 49.95%, 29.51% and 11.89% of the total value traded. Price movement was recorded in Cass Saddle that added 14.93% to $0.1518 on 10,000 units. Datvest MCS was stable at $0.0300 on 3,230 units while, Morgan and Co MCS was unchanged at $1.8900 on 118 units. In the REIT category, Revitus lost 0.14% to close at $0.5525 as 1,000 units traded in
the neame, the Tigere Reit inched up 2.33% to $1.2282 as 4,300 units exchanged hand.