Market Commentary 20 June 2022

The All-Share Index ended the week on a lower note, after dropping 396.81
points (1.70%) to settle at 22,900.71 points. The largest losses were recorded
in DELTA CORPORATION LIMITED (DLTA.zw) which was down by $7.0034
to settle at $374.3386. SEED CO LIMITED (SEED.zw) dropped by $6.9107 to
close at $220.0393 and ECONET WIRELESS (ECO.zw) was $6.7858 weaker at
$200.3701. ECOCASH HOLDINGS LIMITED (EHZL.zw) eased $4.9579 to
$110.8587 and HIPPO VALLEY ESTATES LIMITED (HIPO.zw) was $4.9500
lower at $390.0000
Losses were offset by gains in GETBUCKS MICROFINANCE BANK LIMITED
(GBZW.zw) which was up by $1.0000 to end at $15.0000, MIEKLES LIMITED
(MEIK.zw) rose by $0.3864 to settle at $160.3864 and AFRICAN SUN
LIMITED (ASUN.zw) was $0.3839 stronger at $20.7926. Two more counters
to gain ground were MASHONALAND HOLDINGS LIMITED (MASH.zw)
which was $0.1525 up at $7.2970 and EDGARS STORES LIMITED (EDGR.zw)
gained $0.0025 to close at $4.4025