ZSE extends losses in penultimate session…
The ZSE registered losses in the penultimate session of the month as the All-Share Index lost 0.12% to 203.16pts while, the Agriculture Index fell 0.18% to 188.71pts. The Mid Cap Index eased 0.42% to 173.27pts as the Blue-Chip Index inched up 0.09% to 211.45pts. Retailer OK Zimbabwe led the laggards of the day on a 11.49% dip to close at $0.7296, followed by ZB that dropped 8.01% to $6.8890. Seed producer SeedCo dropped 3.81% to close at $3.8477 while, Art slipped 1.79% to $0.2200. Star Africa capped the top five fallers of the day on a 0.79% decline to end the day pegged at $0.0092. In contrast, Nampak headlined the top performers of the day on a 8.67% jump to $0.9405 while, fintech group Ecocash Holdings ticked up 3.19% to $0.4205. Sugar processor Hippo advanced 1.61% to $7.8239 while, Mashonaland Holdings added 0.08% to $0.6205. Telecoms giant Econet completed the top performers of the day on a 0.07% rise to end the day pegged at $3.5025. The market closed on a negative breadth of one as nine counters recorded losses against eight that gained.
Activity aggregates enhanced in the session as volumes traded ballooned 53.22% to 3.39m shares while, turnover grew by 69.02% to $7.52m. The top volume drivers of the day were Star Africa (43.54%), SeedCo (14.82%), Ecocash (11.19%) and Econet (10.49%). The trio of Delta, SeedCo and Econet contributed a combined 81.60% of the turnover. A total of 29,737 units exchanged hands in the ETF category. Revitus REIT firmed up 1.53% to close at $0.8148 while, Tigere REIT charged 14.99% to end the day pegged at $1.0146.