Market Commentary 6 July 2022
The All-Share Index lost 530.39 points (2.74%) to close at 18,810.17 points.
NATIONAL FOODS HOLDINGS LIMITED (NTFD.zw) led the shakers after it
dropped by $224.9630 to close at $1774.9875, LAFARGE CEMENT ZIMBABWE
LIMITED (LACZ.zw) eased $22.3381 to end at $127.6619 and INNSCOR
AFRICA LIMITED (INN.zw) was $14.4975 weaker at $376.6920. ECONET
WIRELESS ZIMBABWE LIMITED (ECO.zw) also decreased by $10.2451 to
close at $157.7253 and PROPLASTICS LIMITED (PROL.zw) was $7.500 lower
at $42.5000.
Losses were offset by gains in ZB FINANCIAL HOLDINGS LIMITED
(ZBFH.zw) which added $14.0413 to $115.0413, CBZ HOLDINGS LIMITED
(CBZ.zw) traded $1.0616 higher to settle at $143.6512 along with ZIMBABWE
NEWSPAPERS (1980) LIMITED (ZIMP.zw) which rose by $0.5000 to $5.5000.
Two more counters to gain ground were EDGARS STORES LIMITED
(EDGR.zw) which added $0.1977 to settle at $5.7100 and TURNALL
HOLDINGS LIMITED (TURN.zw) which increased by $0.1712 to close at
$4.7167.