Market Commentary 18 May 2022
The All-Share Index continued on the negative trend after shedding off 487.20
points (2.23%) to close at 21,376.04 points. NATFOODS (NTFD.zw) led the
shakers by $133.3330 to close at $2,066.6670, ECONET (ECO.zw) eased
$10.3037 to close at $184.9721 and MEIKLES (MEIK.zw) dropped $10.0843 to
end at $180.0000. SIMBISA BRANDS (SIM.zw) also decreased by $7.2524 to
end at $219.2616 and ECOCASH HOLDINGS (EHZL.zw) was $6.8529 weaker
at $103.1846.
Trading in the positive: TANGANDA TEA COMPANY (TANG.zw) gained
$3.6250 to $230.0000, DAIRIBORD (DZL.zw) rose by $2.0968 to $52.0968
and RIOZIM (RIOZ.zw) traded $1.5000 higher at $129.0000. LAFARGE
(LACZ.zw) also increased by $0.95000 to $151.0000 and TURNALL
(TURN.zw) traded $0.4200 stronger at $6.42000.