ZSE extends gains in penultimate session…
The ZSE market extended gains in the penultimate session of the year to see the All-Share Index adding 5.10% to 273.49pts while, the Blue-Chip Index grew 4.42% to 280.49pts. The Agriculture Index edged up 1.55% to 163.44pts while, the Mid Cap Index notched up 5.40% to 268.38pts. Zimre Holdings and OK ZIM led the gainers of the day as the duo climbed by an identical 15.00% to end pegged at $0.8695 and $0.1495 respectively. FML Holdings jumped 14.33% to $2.5725 while, Hippo Valley added 14.30% to $8.1688. Banking group FBC Holdings completed the top five gainers list of the day on a 14.12% rise to settle at $12.4500. Trading in the negative was Proplastics that shed 8.44% to close at $1.3245 with BAT trailing behind on a 5.56% loss to finish at $85.0000. ZSE Holdings parred off 2.90% to $1.4566 while, Meikles trimmed 1.98% to $3.1361. Telecoms giant Econet capped the top five losers list of the day on a 1.75% decrease to land at $6.2401.
Activity aggregates traded sideways as turnover soared 527.29% to $28.29m while, volumes traded dipped 81.69% to 6.34m shares. Top volume contributors of the day were
Proplastics (40.03%), TN Cybertech (29.66%) and Delta (17.05%). Delta drove the value outturn as it claimed 78.76% of the total. In the ETF category, the Cass Saddle ETF was stable at $0.1050 on 4,100 units. The Tigere Reit surged 14.78% to $1.4423 as 2.30m units exchanged hands.