Market Commentary 23 June 2022
The All-Share Index dropped by another 185.51 points (0.83%) to settle at
22,044.22 points. HIPPO VALLEY ESTATE LIMITED (HIPO.zw) led the
shakers after dropping $49.7000 to close at $281.8000, AXIA CORPORATION
LIMITED (AXIA.zw) decreased by $5.0529 to end at $115.1471 and INNSCOR
AFRICA LIMITED (INN.zw) was down $2.2821 to close at $475.5278. NMBZ
HOLDINGS LIMITED (NMB.zw) lost $2.000 to close at $28.0000 and
ECONET WIRELESS LIMITED (ECO.zw) dropped a further $1.7899 to close at
$188.2901
Trading in the positive: AFDIS DISTILLERS LIMITED (AFDS.zw) rose $2.1677
to end at $342.2177. FIRST MUTUAL HOLDINGS LIMITED (FML.zw) traded
$2.0500 higher to settle at $28.0000 and CBZ HOLDINGS LIMITED (CBZ.zw)
was $1.4939 stronger at $125.0000. Two more counters to gain were FIRST
MUTUAL PROPERTIES (FMP.zw) which rose by $1.3447 to $10.8969 and
AFRICAN SUN LIMITED (ASUN.zw) was up by $1.0124 to close at $19.5227.