ZSE declines in month-ending session…
The ZSE market ended the month of January in losses, weighed down by selected heavy cap counters. The mainstream All Share Index plunged 1.06% to 356.04pts while, the ZSE Top Ten Index fell 1.19% to end at 366.68pts. The Mid Cap Index eased 0.33% to 325.78pts while, contrastingly the Agriculture Index charged 4.69% to 206.29pts. BAT continued on its upward trajectory adding a further 13.93% as it closed at $145.8766. Following was ZSE Holdings that edged up 6.67% to settle at $0.8000 with mining house RioZim extending 4.11% to $0.7100. Tea company Tanganda rose 2.51% to end the day at $0.6500 while, TSL completed the risers of the day on a 0.36% uplift to $2.9105. Banking group TN Cybertech was the major casualty of the day after a 10.69% decline that took it to $0.1250. Following was property concern First Mutual Properties dropped 9.77% to $0.7850 as bankers CBZ succumbed 6.64% to settle at $12.6031. Proplastics shed 2.84% to close pegged at $1.3500 while, telecoms giant Econet trimmed 2.15% to settle at $9.5226.
Volumes went up 0.07% to 80.97m while, turnover surged 271.95% to close at 72.62m. FMP was the top traded counter by volume and value as it claimed 97.10% of the former and 84.98% of the latter. No trades were recorded on the ETF front. The Tigere REIT ticked up 0.13% to $1.7789 as 75,900 units worth $135,019.40.