ZSE ends the month in the black…
The ZSE market ended the month of October in gains as the All-Share Index went up 1.33% to 213.68pts while, the ZSE Top Ten Index was 1.36% higher at 211.34pts. The ZSE Agriculture Index edged up 1.62% to 183.12pts while, the Mid Cap Index improved 1.22% to 242.38pts. Dairibord led the winners of the day as the milk processor garnered 14.96% to $2.0515. Trailing was National Tyre Services which surged 14.57% to $0.5800 while, telecoms giant Econet jumped 9.34% to end pegged at $5.4143. TN Cybertech grew 7.18% to $0.1077 as lone miner RioZim completed the risers’ pack on a 5.95% lift to $0.6357. Mashonaland Holdings was the major casualty of the day after a 8.40% decline to $0.9000 as logistics concern Unifreight dropped 5.38% to $1.7505. Banking group FBC shed 2.50% to $7.8000 while, OK Zimbabwe trimmed 2.20% to $0.2005. Star Africa held the fifth position of the fallers’ pack after a 0.36% loss to $0.0394.
Activity aggregates were mixed in the session under review as volumes succumbed 16.55% to 441,100 shares while, turnover added 5.80% to $2.18m. Top volume drivers of the day were Dairibord, Econet and Delta that claimed a combined 73.95%. Top value drivers of the day were Delta (55.23%), Econet (27.53%) and Dairibord (12.94%). The Morgan and Co MCS was stable at $0.0400 on 200 units. The Tigere REIT firmed up 0.66% to $1.5100 as 142,700 units exchanged hands in the name.