Marginal gains on the ZSE as March ends…
Marginal gains were recorded on the bourse in month-ending session as gains in selected heavies sustained the market. The All-Share Index went up 0.56% to close at 205.25pts while, the ZSE Top Ten Index added 0.05% to settle at 199.52pts. The Mid Cap Index rose 2.12% to 250.55pts while, on the contrary the ZSE Agriculture Index declined 0.86% to 183.28pts. TSL charged 14.29% to end pegged at $2.4000, trailed by financial services group ZB that surged 11.11% to $5.0000. SeedCo Limited garnered 10.27% to $4.2507 as Mashonaland Holdings edged up 9.29% to $1.1011. Banking group CBZ capped the top five winners of the day after a 6.71% uplift to settle at $7.0000. Cigarette manufacturer BAT led the fallers of the day on a 12.39% drop that took it to $95.0000. Logistics company Unifreight trimmed 2.50% to $1.8525 while, Ecocash retreated 1.79% to $0.1709. Retailer OKZIM slipped 1.69% to settle at $0.4178 as telecoms giant Econet shed 1.10% to end pegged at $3.5057.
Volume of shares traded jumped 66.09% to 1.21m while, turnover surged 24.69% to $6.55m. Volume drivers of the day were TSL (52.70%) and Delta (24.67%). Delta and TSL again claimed a combined 92.57% of the value outturn. The Morgan and Co Multi-Sector ETF was stable at $1.9000 on 210 units worth $399.0000. The Tigere REIT edged up 1.87% to $1.3174 on 33,378 units.