Market Commentary 16 June 2022
The All-Share Index lost 345.59 points (1.43%) to settle at 23,790.71 points. The
largest losses were recorded in DELTA CORPORATION LIMITED (DLTA.zw)
which was down by $11.7675 to settle at $386.2350. ECOCASH HOLDINGS
ZIMBABWE LIMITED (EHZL.zw) dropped by $5.8409 to close at $117.8328
and TANGANDA TEA COMPANY LIMITED (TANG.zw) was $5.6672 weaker at
$239.9635. ZB FINANCIAL HOLDINGS LIMITED (ZBFH.zw) eased $3.9994 to
$71.0006 and MEIKLES LIMITED (MEIK.zw) was $3.4347 lower at $160.0065
Losses were offset by gains in FIDELITY LIFE ASSURANCE LIMITED
(FIDL.zw) which was up by $2.6000 to end at $22.6000, CBZ HOLDINGS
LIMITED (CBZ.zw) rose by $2.5000 to settle at $117.5000 and FIRST MUTUAL
PROPERTIES (FMP.zw) was $1.0993 stronger at $11.0000. Two more
counters to gain ground were AFRICAN SUN LIMITED (ASUN.zw) which was
$0.0769 up at $24.0000 and MASHONALAND HOLDINGS LIMITED
(MASH.zw) gained $0.0498 to close at $6.2438.