Heavies weigh the market in the last session of October …
Heavies weighed down the market in the last session of the month as the All-Share Index declined 1.09% to 289.12pts. The Blue-Chip was 2.94% weaker at 302.87pts while, the Mid Cap Index was 4.73% firmer at 267.81pts. The Agriculture Index was 4.68% to end higher at 232.42pts. Beverages producer Delta led the laggards of the day as it parred off 7.05% to $20.0363 as 641,800 shares exchanged hands in the name. Trailing was sugar refiner Star Africa that dropped 4.30% to $0.0216 while, retailer OK Zimbabwe eased 3.49% to $0.9458. Seed company SeedCo Limited trimmed 0.54% to close at a VWAP of $5.2495 while, telecommunication company Econet slipped 0.19% to settle at $4.8110. Trading in the positive category was Tanganda that charged 14.91% to end at $3.5414 while, Nampak that is trading under cautionary edged up 14.50% to $1.5000. Cigarette producer BAT was 14.29% firmer at $120.0000 while, property concern Mashonaland Holdings was 12.80% higher at $2.2025. Art Holdings Limited fastened the top five gainers’ list of the day on a 12.32% increase to $0.6200.
Activity aggregates enhanced in the session as volume traded ballooned 182.88% to 15.88m shares while, turnover grew 56.18% to $79.14m. Activity was mainly skewed towards Econet that contributed 84.93% of the total volume traded and 81.97% of the value traded. The other notable value driver was Delta that claimed 16.25% of the aggregate. In the ETF category, Datvest MCS retreated 11.76% to $0.0300 while, on the contrary Morgan & Co Made in Zimbabwe ETF rose 8.98% to $0.0430. In the REIT category, the Tigere REIT was 0.62% up at $1.3708 as 23,795 units exchanged hands in the name.