ZSE register gains for the fifth consecutive session…
The ZSE market recorded gains for the fifth time in a row as the primary All Share Index put on 0.69% to 292.31pts while, the Blue-Chip Index fell 0.08% to 312.03pts. The Agriculture Index went up 3.47% to 222.04pts as the Mid Cap Index gained 2.35% to 255.72pts. Tea producer Tanganda headlined the top performers of the day on a 15.00% jump to $3.0820, followed by retailer OK Zimbabwe that surged 14.76% to $0.9800. Cigarette manufacturer BAT ticked up 10.06% to $105.0000 while, Star Africa charged 7.67% to close at $0.0226. Nampak completed the top five gainers of the day on a 6.50% upsurge to end the day pegged at $1.3100. Trading in the negative territory was FMP that dropped 4.74% to $0.7573, followed by life assurer Fidelity that fell 4.37% to $1.1500. General Beltings shed 4.15% to $0.0600 while, telecoms giant Econet eased 1.71% to $4.8201. Meikles capped the laggards of the day on a 0.09% retreat to end the day pegged at $4.5600. The market closed with a positive breadth of four as eleven counters recorded gains against seven that faltered.
Activity aggregates enhanced in the session as volume traded ballooned 67.08% to 5.61m shares while, turnover grew 14.05% to $50.67m. Top volume drivers of the day were Econet (67.01%) and Delta (24.51%). Delta and Econet were the top value drivers of the day after contributing 58.51% and 35.78% respectively. A total of 134,579 units exchanged hands in the ETF category. OMTT ETF inched up 1.59% to close at $0.2600 while, MIZ ETF lost 1.25% to end the day pegged at $0.0395. Tigere REIT tumbled 0.97% to close $1.3624 as 5,932 units exchanged hands in the name.