Market Commentary 13 June 2022
The All-Share Index closed the week on a lower note after losing 3.08 points
(0.01%) to settle at 24,091.20 points. The major losses were recorded in AXIA
CORPORATION (AXIA.zw) which was down by $2.8874 and settled at
$134.9876, ECOCASH HOLDINGS (EHZL.zw) dropped by $1.9793 to close at
$122.9041 and ECONET WIRELESS (ECO.zw) was $1.7017 weaker to settle at
$232.8988. AFRICAN SUN (ASUN.zw) eased $1.3918 to $20.4754 and DELTA
CORPORATION (DLTA.zw) was $0.9829 weaker at $399.1472.
Gains were recorded in HIPPO VALLEY ESTATES (HIPO.ZW) which was up
by $47.9500 to end at $372.9500, FIRST MUTUAL HOLDINGS (FML.zw) rose
by $1.9750 to settle at $25.9750 and MASHONALAND HOLDINGS (MASH.zw)
was $0.7500 stronger at $5.8000. Two more counters to gain ground were
WILLDALE LIMITED (WILD.zw) which was $0.5000 up at $4.0000 and
FIRST MUTUAL PROPERTIES (FMP.zw) gained $0.2569 to close at $8.3569.