The ZSE market faltered in the session as the All Share Index retreated 1.67% to 204.11pts mainly weighed down by selected heavies that experienced selling pressure. The Blue-Chip Index was up 2.97% to settle at 199.43pts extending its YTD losses to 7.35% while, the Industrial Index was 1.67% lower at 203.89pts. On the contrary, the Mid Cap Index was 2.56% higher at 245.34pts. Elsewhere, the Tigere REIT released FY24 results in which its total income surged by 14% to $1.72m and declared a quarterly dividend of US0.04327 cents.
The risers and fallers of the week were equally distributed at thirteen. Leading the losers of the week was Star Africa which plunged 12.47% to settle at $0.03500 while, heavy cap Econet followed on a 11.20% decline to end at $3.5445 as selling pressure persists in the name. Turnall Holdings Limited was 8.73% lower at $0.0502 while, Mashonaland Holdings lost 8.41% to end pegged at $1.0075 on waning demand. SeedCo Limited declined 8.19% to $3.8549 where demand could be found while, retailer OKZIM eased 6.89% to close at $0.4250. Willdale was 5% down at $0.0380 with British American Tobacco trailing after letting go 3.18% week on week and settled at $108.4381 on weak demand. Rainbow Tourism group dropped 2.86% to $0.6800 while, top capitalised stock Delta lost 1.41% to close the week at $15.2417 where demand could be established. Leading the risers of the week was TSL which went up 36.36% and settled at $2.1000 while, FMP ticked up 19.47% to $1.1344. Proplastics found its way on the risers list after rebounding 8.72% to close at $1.1000 while, Fidelity rose 4.17% to $0.5000. ZB Financial Holdings was up 3.64% at $4.5000 while, Dairibord added 2.86% as it settled at $1.8000 where supply could be found. First Mutual Limited advanced 2.72% to $3.4000 while, Ariston shored up 1.58% to end at $0.0504 on retail demand. Tanganda was 1.00% higher at $1.0100 while, General Beltings added 0.40% to $0.0602 as it closed the top risers list of the week.