ZSE declines 0.04%…
ZSE market faltered in the session as heavies BAT, FML and Econet weighed down the market. The All-Share Index fell 0.04% to 201.45pts while, the Blue-Chip Index retreated 0.29% to 194.44pts. On the contrary, the Agriculture Index edged up 0.26% to 167.74pts while, the Mid Cap Index added 0.85% to 249.81pts. BAT led the losers of the day having lost 6.67% to end pegged at $70.0000 as FML followed on a 2.51% decline to close at $3.5000. Telecommunication company Econet shed 0.18% to close at a vwap of $4.5012 having traded an intra-day low of $4.5000. ZSE Holding and Zimre Holding parred off an identical 0.10% to settle at $2.0900 and $0.2750 respectively. Trading in the positive was retail company OKZIM that climbed 11.39% to land at $0.2100 with Ariston trailing behind on a 11.26% jump to $0.0444. Seed Co Limited ticked up 8.02% to $3.8500 while, sugar refiner Star Africa grew 5.70% to $0.0441. Hippo Valley completed the top five gainers’ list on a 3.34% increase to finish at $6.5000.
Activity aggregates improved in the session as volumes traded soared 874.06% to 4.47m shares while, turnover surged 872.66% to $19.24m. Econet was the top volume driver of the day as it claimed 51.92% of the aggregate. Econet, Delta and Hippo Valley were the top value drivers as they claimed a combined 95.46%. Morgan and Co Multi Sector ETF added 0.47% to $2.1600 as 800 units were traded while, the Tigere REIT fell 3.65% to $1.3500 as 19,558 units exchanged hands.