Market Commentary 14 April 2022
The All-Share index closed the day on a higher note, after adding 1,779.51 points (9.22%) to close at 21,077.78 points. AFRICAN DISTILLERS (AFDS.zw) led the gainers by adding $47.9048 to close at $287.4500, HIPPO VALLEY ESTATES (HIPO.zw) traded $40.0000 higher at $400.0000 and INNSCOR (INN.zw) was $35.5570 stronger at $387.8004. Two more counters to gain were SEEDCO LIMITED (SEED.zw) which was up by $31.6181 to $212.6629 and TANGANDA LIMITED (TANG.zw) traded $28.1107 firmer at $174.7703.
Gaines were offset by losses in FIRST MUTUAL PROPERTIES (FMP.zw) which was down by $0.9434 to $11.5566, ZB FINANCIAL HOLDINGS (ZBFH.zw) worsened by $0.4414 to $60.5586 and NMB BANK (NMB.zw) traded $0.1425 lower at $20.4816.