ZSE post gains after Christmas holidays…
The ZSE market posted gains in first session of the week after Christmas holidays as the primary All Share Index rose 1.07% to 260.23pts while, the Blue-Chip Index firmed up 1.57% to 268.62pts. The Mid Cap Index gained 2.20% to 254.62pts while, the Agriculture Index lost 0.40% to 160.94pts. Headlining the risers of the day was Zimre Holdings Limited which went up 15% to close at $0.7561, where supply could be found. Proplastics followed on a 14.98% rise that took the plastic manufacturers to $1.4465 as 4,000 shares exchanged hands. ZSE Holdings joined the rising tide after rebounding 14.72% to settle at $1.5000, despite it closing lower. Conglomerate ART Corporation added 14.61% to see it ending the session at $0.0780. First Mutual Limited completed the top five risers of the week on a 13.09% surge to end at $2.2500. Other notable gains were in Delta Corporation which went up 1.06% to close at $19.8447 on the back of constraint supply.
Leading the losers of the day was tea processor Tanganda which succumbed 14.08% to end the session at $0.6100 on waning demand. Following was Econet Wireless which lost
0.46% to settle at $6.3512, where buyers could be found. TN Cybertech lost a negligible 0.01% to end pegged at $0.1150. Overall, eight counters traded in the negative against three that went down, to leave the market with a positive breadth of five. The Made In Zimbabwe was the only ETF to register a trade as 169,500 units exchanged hands at a stable price of $6.0500. The Tigere REIT went up 4.48% to close at $1.2546 as circa 2m unis exchanged hands. Volumes exchanged ballooned 299.68% to 34,622,500 while, values advanced 97.20% to $4.509,256.74. TN Cybertech propelled the session’s aggregates after claiming 99.75% of the volumes and 88.07% of the turnover.