The ZSE continued to falter in the penultimate session of the week as demand began to wane in selected counters across the board. The All-Share Index lost ground for the second consecutive session as it parred off 0.18% to 144,089.45pts while, the Blue-Chip Index eased 1.21% to 70,070.23pts. The Agriculture Index lost 2.18% to close pegged at 566.40pts while, on the contrary the Mid Cap Index gained 2.09% to settle at 483,020.29pts. Sugar processor Hippo led the laggards of the day as it plummeted 9.68% to close at $1,806.4125, trailed by milk processor Dairibord that plunged 5.45% to settle at $530.0000. Turnall closed the day pegged at $17.0000 following a 5.33% descent while, beverages giant Delta succumbed 5.32% to close at a vwap of $2,951.5253. Retailer OK Zimbabwe plunged 3.56% to close at $140.2986 as it capped the top five worst performers of the day.
Partially mitigating today’s losses was Willdale that garnered 15.00% to settle at $8.0500, trailed by banking group CBZ that advanced 14.14% to close the day trading at $1,207.4227, albeit closing with no bids. Property concern Zimre Holdings Limited surged 13.86% to close at $85.7500 as the digital media group Zimpapers notched up 12.23% to $12.0000. Telecoms giant Econet fastened the top five gainers’ list after jumping 11.57% to $591.2958. Volumes traded declined 37.29% to see 4.32m shares exchange hands, with activity mainly confined to OKZIM (34.49. Turnover surged 22.23% to $3.87bn as CBZ, Delta, Tanganda, Hippo and BAT claimed a shared 76.92% of the outturn. The ETF’s Index was up in the session as it jumped 7.67% to close at 2392.71pts. The Old Mutual Top Ten Index edged up 13.59% to $25.0000 while, the Morgan & Co Multi sector ETF and Morgan & Co Made in Zim inched up 13.50% and 1.23% apiece. The Tigere REIT was 0.27% weaker to close at a vwap $222.3927 as 5,399 units exchanged hands.