ZSE records marginal gains in week opener…
The ZSE market recorded marginal gains in the week opening session as the primary All Share Index rose 0.94% to 472.07pts while, the Blue Chip Index added 1.25% to 479.13pts. The Agriculture Index fell 0.24% to 341.48pts while, the Mid Cap Index lost 0.53% to 471.30pts. Life assurer Fidelity headlined the best performers of the day on a 15.00% jump to $0.8050, followed by FBC Holdings that shot up 12.50% to $12.2625. Meikles surged 5.38% to close at $2.7400 while, CBZ ticked up 1.58% to $40.0354. Brick maker Willdale capped the top five risers of the day on a 0.66% uplift to end pegged at $0.0614. Trading in the negative territory was Star Africa that dipped 7.47% to $0.0421 while, Mashonaland Holdings came off 5.26% to $1.8000. Zimre Holdings slipped 4.76% to close at $1.0000 as SeedCo Limited dropped 3.29% to $4.2000. ZSE Holdings completed the worst performers of the day on a 0.66% retreat to $1.5000.
Activity aggregates enhanced in the session as volume traded ballooned 131.89% to 2.27m shares while, turnover firmed up 779.32% to $66.89m. Delta was the top traded stock by volume and value claiming 91.72% of the former and 99.49% of the latter. The Morgan & Co Multi Sector ETF inched up 5.00% to end the day pegged at $1.5500. The Tigere REIT stepped up 6.56% to settle at $1.1180 as 12,420 units exchanged hands in the name.