Market Commentary 3 May 2022
The All-Share Index ended the week on a lower note dropping 635.17 points
(2.19%) to close at 28,391.75 points. ECONET (ECO.zw) lost $47.5146 to
$281.9323, TANGANDA TEA COMPANY (TANG.zw) retreated by $19.5345 to
$250.5101 and DELTA (DLTA.zw) was $9.6862 weaker at $442.2090. AXIA
(AXIA.zw) also decreased by $9.1588 to $189.8644 and SIMBISA (SIM.zw)
traded $8.3730 lower at $321.0813.
Top gains were recorded in INNSCOR (INN.zw) which gained $27.0485 to
$619.8938, ZB FINANCIAL HOLDINGS (ZBFH.zw) rose further by $13.9082
to $89.5082 and CBZ HOLDINGS (CBZ.zw) was $11.8374 stronger at
$167.1263. FBC HOLDINGS (FBC.zw) increased by $4.8911 to $74.9500 and
LAFARGE CEMENT (LACZ.zw) strengthened by $1.4545 to settle at $171.0000.