Market Commentary 24 August 2022
The market continued on a recovery trend as the All-Share Index added 35.25
points (0.24%) to close at 14,541.36 points. Top gains were recorded in CBZ
HOLDINGS LIMITED (CBZ.zw) which added $11.6667 to $131.6667,
ECOCASH HOLDINGS ZIMBABWE LIMITED (EHZL.zw) rose by $2.1283 to
settle at $39.1214 and AFRICAN SUN LIMITED (ASUN.zw) which jumped
$1.4793 up to close at $14.3657. INNSCOR AFRICA LIMITED (INN.zw) went
up by $0.8309 to close at $263.7004 and ZIMRE HOLDINGS LIMITED
(ZIMR.zw) was $0.4355 stronger at a price of $4.9231.
The shakers were seen in ZB FINANCIAL HOLDINGS LIMITED (ZBFH.zw)
which inched $12.7667 downwards to $84.1333, ECONET WIRELESS
ZIMBABWE LIMITED (ECO.zw) slumped $3.5054 to end at $119.8523 and
BRIDGEFORD CAPITAL LIMITED (BFCA.zw) lost $2.400 to close at $13.7500.
TANGANDA TEA COMPANY LIMITED (TANG.zw) decreased by $1.8875 to
$127.8000 and DELTA CORPORATION LIMITED (DLTA.zw) lost $1.7948 to
close at a price of $254.0606.