Market Commentary 7 June 2022
The All-Share Index closed the week lower, after dropping 61.91 points
(0.26%) to close at 23,685.59 points. The largest loss was recorded by
ECOCASH HOLDINGS (EHZL.zw) which was down by $7.0228 and settled at
$123.8019, ECONET WIRELESS (ECO.zw) lost $2.1203 to close at $237.1306
and MEIKLES LIMITED (MEIK.zw) dropped $1.0000 to settle at $171.0000.
PROPLASTICS LIMITED (PROL.zw) was down by $1.0000 to $65.0000 and
NMBZ HOLDINGS LIMITED (NMB.zw) was $0.0892 weaker at $30.0000.
Losses were offset by gains in AXIA (AXIA.zw) which was up by $9.9259 to
settle at $138.0000, TANGANDA TEA COMPANY (TANG.zw) rose by $4.5500
to $250.0000 and OK ZIMBABWE (OKZ.zw) was $3.0049 stronger at
$45.0095. Two more counters to gain ground were AFRICAN SUN LIMITED
(ASUN.zw) which was $1.1980 stronger at $18.0068 and SIMBISA BRANDS
(SIM.zw) went further up by $0.8659 to close at $222.8748