Market Commentary 13 July 2022
The market went down as the All-Share Index shed 407.05 points (2.42%) to
close at 16,433.39 points. The largest losses were recorded in TANGANDA TEA
COMPANY LIMITED (TANG.zw) which went down by $24.4000 to close at
$144.0000, ECONET WIRELESS ZIMBABWE LIMITED (ECO.zw) lost $9.6960
to $120.4250 and ECOCASH HOLDINGS LIMITED (EHZL.zw) was $5.8989
weaker at $53.2776. DELTA CORPORATION LIMITED (DLTA.zw) retreated by
$3.1157 to settle at $296.0179 and OK ZIMBABWE LIMITED (OKZ.zw) was
$2.4279 lower at $29.4133.
Gains were recorded in SIMBISA BRANDS LIMITED (SIM.zw) which rose by
$2.6536 to settle at $173.2883, NATIONAL TYRE SERVICES LIMITED
(NTS.zw) added $1.1909 to $12.0000 and AMALGAMATED REGIONAL
TRADING (ART) HOLDINGS LIMITED (ARTD.zw) also increased by $1.0000
to $18.0000. AFRICAN SUN LIMITED (ASUN.zw) was $0.7123 stronger at
$11.7917 and INNSCOR AFRICA LIMITED (INN.zw) was $0.2109 firmer at
$320.3081.