Market Commentary 30 March 2022
The All-Share Index recovered by 148.16 points (0.95%) to close the session at 15,722.82 points. Major gains were noted in SIMBISA BRANDS (SIM.zw) which climbed up by ZW$20.4022 to settle at ZW$210.4292, HIPPO VALLEY ESTATES (HIPO.zw) rose by ZW$16.7391 to ZW$316.7391 and UNIFREIGHT (UNIF.zw) traded ZW$5.0000 stronger at ZW$33.0000. ECOCASH HOLDINGS (EHZL.zw) extended yesterday’s gains by ZW$3.1418 to close at ZW$68.2385 and CFI HOLDINGS (CFI.zw) was ZW$2.0000 firmer at ZW$122.0000. Trading in the negative was AFDIS (AFDS.zw) which lost ZW$10.6250 to ZW$220.0000, MEIKLES (MEIK.zw) eased ZW$6.1669 to ZW$138.5331 and ZB FINANCIAL HOLDINGS (ZBFH.zw) was ZW$4.9951 lower at ZW$55.0049. CBZ (CBZ.zw) retreated by ZW$3.6686 to ZW$90.3314 and NAMPAK HOLDINGS (NPKZ.zw) was ZW$2.0455 weaker at ZW$12.5045.