Market Commentary 12 JULY 2022
The market recorded improved breadth as the All-Share Index opened the new
week in the positive after recovering by a marginal 27.22 points (0.16%) to
close at 16,840.44 points. Top gains were recorded in CFI HOLDINGS
LIMITED (CFI.zw) which rose by $46.3636 to settle at $416.3636, DELTA
CORPORATION LIMITED (DLTA.zw) added $18.6012 to $299.1336 and
DAIRIBOARD HOLDINGS LIMITED (DZL.zw) was $2.0000 stronger at
$25.0000. AMALGAMATED REGIONAL TRADING (ART) HOLDINGS
LIMITED (ARTD.zw) also increased by $1.1786 to $17.0000 and FIRST
MUTUAL PROPERTIES LIMITED (FMP.zw) was $0.6667 firmer at $8.6667
LAFARGE CEMENT ZIMBABWE LIMITED (LACZ.zw) led the shakers after
shedding $22.0000 to close at $124.8000, INNSCOR AFRICA LIMITED
(INN.zw) lost $19.9303 to $320.0972 and SEED CO LIMITED (SEED.zw) was
$12.4408 weaker at $122.4885. SIMBISA BRANDS LIMITED (SIM.zw)
retreated by $8.3653 to settle at $170.6347 and PROPLASTICS LIMITED
(PROL.zw) was $4.5000 lower at $25.5000