Market Commentary 2 August 2022
The All-Share index opened the week flat after gaining 0.80 points (0.00%) to
finish the week at 16,594.11 points. ECONET WIRELESS ZIMBABWE
LIMITED (ECO.zw) led the movers after adding ZW$12.5779 to close at
ZW$169.8675, MASIMBA HOLDINGS LIMITED (MSHL.zw) added
ZW$3.6125 to ZW$47.0625 and DAIRIBORD LIMITED (DZL.zw) was
ZW$2.2337 stronger at ZW$32.5781. NATIONAL TYRE SERVICES LIMITED
(NTS.zw) gained ZW$1.5000 to ZW$11.7500 and HIPPO VALLEY ESTATES
LIMITED (HIPO.zw) rose by ZW$1.2495 to settle at ZW$248.2977.
The largest losses were recorded in TSL LIMITED (TSL.zw) which plunged
ZW$10.0000 to ZW$90.0000, DELTA CORPORATION LIMITED (DLTA.zw)
eased ZW$5.5850 to ZW$259.1852 and SIMBISA BRANDS LIMITED (SIM.zw)
was ZW$3.6711 weaker at ZW$215.2248. TANGANDA TEA COMPANY
(TANG.zw) lost ZW$3.2500 to ZW$148.7500 and NMBZ HOLDINGS
LIMITED (NMB.zw) was ZW$2.9765 lower at ZW$20.0235.