Market Commentary 5 July 2022
The All-Share Index opened the week on a lower note, losing 249.49 points
(1.27%) to settle at 19,340.56 points. CBZ HOLDINGS LIMITED (CBZ.zw) led
the shakers after dropping $22.3604 to close at $142.5896, INNSCOR AFRICA
LIMITED (INN.zw) traded lower at $6.2270 to end at $391.1895 and DELTA
CORPORATION LIMITED (DLTA.zw) was down by $6.1093 closing at
$326.5923. AXIA CORPORATION LIMITED (AXIA.zw) lost $5.7713 to
$101.6662 and HIPPO VALLEY ESTATES LIMITED (HIPO.zw) eased $3.9500
to $272.0500.
Gains were recorded in TANGANDA TEA COMPANY LIMITED (TANG.zw)
which gained $10.9625 to end at $200.9625, ECONET WIRELESS ZIMBABWE
LIMITED (ECO.zw) traded higher at $2.2152 to settle at $167.9704 and
ECOCASH HOLDINGS ZIMBABWE LIMITED (EHZL.zw) was $0.3983
stronger at $68.8713. Two more gainers were EDGARS STORES LIMITED
(EDGR.zw) which rose by $0.3596 to $5.5123 and MASHONALAND
HOLDINGS LIMITED (MASH.zw) was up by $0.3215 to close at $5.5880