Market Commentary 14 June 2022
The All-Share Index opened the week on a positive note after gaining 61.81
points (0.26%) to settle at 24,153.01 points. Gains were recorded in TSL
LIMITED (TSL.ZW) which was up by $12.0000 to end at $102.0000, CFI
HOLDINGS (CFI.zw) rose by $7.5000 to settle at $330.0000 and ZB
FINANCIAL HOLDINGS (ZBFH.zw) was $3.9500 stronger at $75.0000. Two
more counters to gain ground were FIST MUTUAL HOLDINGS (FML.zw)
which was $1.7806 up at $27.7556 and FIRST MUTUAL PROPERTIES
(FMP.zw) gained $1.2531 to close at $9.6100.
The gains were offset by losses recorded in INNSCOR AFRICA (INN.zw) which
was down by $4.2990 to settle at $520.5503, MEIKLES LIMITED (MEIK.zw)
dropped by $2.1739 to close at $167.8261 and MASIMBA HOLDINGS
(MSHL.zw) was $1.6667 weaker to settle at $64.3333. SIMBISA BRANDS
(SIM.zw) eased $0.9877 to $229.0000 and ECONET WIRELESS (ECO.zw) was
$0.8707 weaker at $232.0281