Market Commentary 23 August 2022
The market recorded improved breadth as the All-Share Index started the week
in the positive after recovering 82.56 points (0.57%) to close at 14,506.54 points.
Top gains were recorded in SIMBISA BRANDS LIMITED (SIM.zw) which rose
by $5.7545 to settle at $163.7821, DELTA CORPORATION LIMITED
(DLTA.zw) added $5.6574 to $255.8554 and CBZ HOLDINGS LIMITED
(CBZ.zw) was $4.6721 stronger at $120.0000. MEIKLES LIMITED (MEIK.zw)
also increased by $4.4902 to $100.0000 and INNSCOR AFRICA LIMITED
(INN.zw) was $0.6326 firmer at $262.8695.
ZB FINANCIAL HOLDINGS LIMITED (ZBFH.zw) led the shakers after
shedding $17.1000 to close at $96.9000, SEED CO LIMITED (SEED.zw) lost
$4.7455 to $70.0176 and AFRICAN SUN LIMITED (ASUN.zw) was $0.9895
weaker at $12.8864. FIRST MUTUAL PROPERTIES LIMITED (FMP.zw)
retreated by $0.7367 to settle at $5.4018 and DAIRIBOARD HOLDINGS
LIMITED (DZL.zw) was $0.1813 lower at $24.5000