ZSE records a 0.45% loss in mid-week trades…
The ZSE market continued to falter in the session as it fell by 0.45% to 199.18pts while, the Blue Chip Index was 0.22% weaker at 197.36pts. The Agriculture Index was 0.32% weaker at 177.49pts while, the Mid Cap Index dropped 1.29% to 228.37pts. Leading the laggards of the day was ZB Financial Holdings that plunged 14.02% to $4.1273 while, cable manufacturer Cafca retreated 11.76% to $18.0000. Brick manufacturer Willdale lost 7.56% to end at $0.0550 while, seed technology group SeedCo International closed the day pegged at $1.7610 following a 4.81% descent. Beverages producer Delta capped the top five worst performers of the day on a 0.53% slide to $13.3477. Trading in the positive category was Star Africa that surged 11.39% to $0.0231 while, retailer OK Zimbabwe was 0.18% firmer at $0.3005. Property concern Mashonaland Holdings was 0.15% higher at $1.7025 while, General Beltings was up 0.11% at $0.0702.
Activity aggregates faltered in the session as volumes traded fell by 66.32% to 7.36m shares while, turnover was 34.45% down at $3.02m. SeedCo Limited dominated in terms of activity in the session as it claimed 75.48% of the volume traded and 54.56% of the value traded. The other notable volume driver was Econet that contributed 19.04% of the aggregate. The other notable value drivers were the duo in Delta and Econet which claimed a combined 43.98% of the total. In the REIT category, Tigere was 1.67% lower at $1.1721 as 3.07m units exchanged hands in the session.