Market Commentary 4 July 2022
The All-Share Index lost 201.89 points (1.02%) to settle at 19,590.05 points.
The largest losses were recorded in BRITISH AMERICAN TOBACCO
ZIMBABWE LIMITED (BAT.zw) which was down by $175.0000 to settle at
$2,800.0000. TANGANDA TEA COMPANY LIMITED (TANG.zw) dropped by
$27.9500 to close at $190.0000 and SEEDCO LIMITED (SEED.zw) was
$15.5102 weaker at $155.0000. MASIMBA HOLDINGS LIMITED (MSHL.zw)
eased $8.9109 to $51.0891 and DELTA CORPORATION LIMITED (DLTA.zw)
was $8.2848 lower at $332.7016.
Losses were offset by gains in ZB FINANCIAL HOLDINGS LIMITED
(ZBFH.zw) which was up by $13.0000 to end at $101.0000, TSL LIMITED
(TSL.zw) rose by $10.0000 to settle at $130.0000 and SIMBISA BRANDS
LIMITED (SIM.zw) was $5.5910 stronger at $199.8969. Two more counters to
gain ground were ECONET WIRELESS ZIMBABWE LIMITED (ECO.zw) which
was $4.7845 up at $165.7552 and FIRST MUTUAL HOLDINGS LIMITED
(FML.zw) gained $3.0000 to close at $27.0000