ZSE retreats in month-ending session…
ZSE market was subdued in the month-ending session against a backdrop of wanning activity on the bourse. The mainstream All Share Index receded 1.43% to 200.49pts while, the ZSE Top Ten Index gave up 1.77% to 207.53pts. The Mid Cap Index lost 1.37% to 171.61pts while, the ZSE Agriculture Index trimmed 0.19% to 188.70pts. The worst faller of the day was First Mutual Holdings that shed 14.08% to $1.7183 while, banking group CBZ dipped 11.36% to $12.3984. The duo of ZB and FBC slipped 7.53% and 2.65% to end at $6.3700 and $5.5000 apiece. Proplastics shed 1.80% to close at $2.7000 as it completed the top five laggards of the day.
Partially mitigating today’s losses were gains in National Tyre Services that ballooned 100.00% to $0.5000, trailed by Ecocash which soared 14.99% to $0.4835. ART gained 13.64% to $0.2500 while, Star Africa grew 8.96% to $0.0100. Packaging group Nampak went up 6.33% to $1.0000. Volumes traded plummeted 60.68% to 871,000 shares as Star Africa and Econet accounted for 55.99% and 26.61% of the aggregate apiece. Turnover tumbled 69.91% to $1.34m with Econet and CBZ claiming a combined 72.38% of the aggregate. The Old Mutual ETF was the only fund to register a trade amongst its kind as it traded 415 units at a stable price of $0.1400. The Revitus Property Fund rose 4.32% to $0.8500 while, the Tigere REIT slid 1.18% to $1.0026.