Market Commentary 18 July 2022
The All-Share Index ended the week on a positive note after gaining 38.16
points (0.24%) to close at 16,147.48 points. Counters to gain ground were
SIMBISA BRANDS LIMITED (SIM.zw) which added $9.5355 to $187.8759,
ECONET WIRELESS ZIMBABWE LIMITED (ECO.zw) traded $2.9572 higher at
$121.9995 together with ECOCASH HOLDINGS LIMITED (EHZL.zw) which
rose by $1.2751 to $52.2401. FIRST MUTUAL PROPERTIES LIMITED (FMP.zw)
and NAMPAK ZIMBABWE LIMITED (NPKZ.zw) gained $31.0374 and $0.5000
to close at $8.5068 and $11.0000 respectively.
Shakers were led by AXIA CORPORATION LIMITED (AXIA.zw) which dropped
by $8.6209 to close at $71.3791, CBZ HOLDINGS LIMITED (CBZ.zw) eased
$3.0000 to end at $132.0000 and PROPLASTICS LIMITED (PROL.zw) was
$2.8786 weaker at $23.1214. INNSCOR AFRICA LIMITED (INN.zw) had a
$2.0478 drop to close at $321.9983 and DELTA CORPORATION LIMITED
(DLTA.zw) was $1.8004 lower at $279.7922