ZSE closes October in gains…
The market ended the month of October in gains as the primary All Share Index added 2.16% to 157,083.06pts while, the Blue-Chip Index rose 2.92% to 70,266.63pts. The Agriculture Index put on 3.40% to 557.57pts while, the Mid Cap Index edged up 0.54% to 622,991.45pts. General Beltings headlined the top performers of the day on a 15.00% jump to close at $17.2500 while, milk processor Dairibord climbed 13.40% to $550.0000. Banking group CBZ Holdings surged 9.05% to $1,968.3333, followed by Hippo Valley that firmed up 5.83% to settle at $2,000.2941. Life assurer Fidelity capped the top five winners of the day on a 5.71% uplift to $158.5714. On the losing side, clothing retailer Edgars led the laggards set on a 14.74% slide to $85.0366 while, Nampak eased 0.47% to $335.0000. Telecoms giant Econet dropped 0.18% to $499.9885 while, RTG declined 0.04% to $134.9500. Fintech group Ecocash Holdings completed the fallers’ set on a 0.01% retreat to settle at $137.9461. The market closed with a positive breadth of eleven as sixteen counters recorded gains against five that faltered.
Activity aggregates enhanced in the session as volumes traded ballooned 418.98% to 4.48m shares while, value outturn grew 198.84% to $2.83bn. Econet (29.60%), NMB (26.57%), Ecocash Holdings (14.37%) and Delta (11.14%) anchored the volume aggregate in the session. The trio of Delta, Econet and NMB were the top value drivers of the day after claiming a combined contribution of 84.73% to the total. A total of 4,092 units exchanged hands in the month-ending session as Old Mutual ETF surged 9.19% to close at $35.0000. Morgan and Co MCS ETF inched up 1.18% to $252.9483. Tigere REIT charged 1.00% to settle at $238.0067.