Market Commentary 9 May 2022
The All-Share Index closed the week in the red after dropping 392.75 points
(1.42%) to close at 27,196.87 points. ECONET (ECO.zw) lost $13.2784 to
$275.9619, CBZ (CBZ.zw) eased $5.9500 to settle at $157.0500 and ECOCASH
HOLDINGS (EHZL.zw) went down by $4.5270 to $154.8696. AXIA (AXIA.zw)
also decreased by $4.2490 to close at $159.2867 and DELTA (DLTA.zw) $4.1011
to $397.6354.
Trading in the positive: LAFARGE (LACZ.zw) rose by $4.2000 to $171.0000,
NATFOODS (NFTD.zw) added $1.1059 to end at $15.0000 and ZIMPAPERS
(ZIMP.zw) was $0.7327 stronger at $5.9500. FIRST MUTUAL HOLDINGS
(FML.zw) also increased by $0.6141 to settle at $21.6667 and FIRST CAPITAL
BANK (FCA.zw) was $0.4870 stronger at $10.9934