Market Commentary 2 September 2022
The market started the month of September on a positive note with the All Share
Index adding 42.33 points (0.31%) to close at 13,747.45 points. Top gainers were
led by CBZ HOLDINGS LIMITED (CBZ.zw) which rose by $16.6812 to
$156.6812, ECONET WIRELESS ZIMBABWE LIMITED (ECO.zw) went up by
$1.8413 to $110.6188, FIRST CAPITAL BANK LIMITED (FCA.zw) was $1.1200
stronger at a price of $8.6200. OK ZIMBABWE LIMITED (OKZ.zw) added
$0.3099 to $34.5352 whilst ARISTON HOLDINGS LIMITED (ARIS.zw) gained
$0.3024 to close at a price of $2.7000.
Losses were recorded in AFRICAN DISTILLERS LIMITED (AFDIS.zw) which
shed $5.0000 to $310.0000, ECOCASH HOLDINGS ZIMBABWE LIMITED
(EHZL.zw) decreased by $2.7763 to $33.0621 and TANGANDA TEA
COMPANY LIMITED (TANG.zw) went down by $0.9869 to close at a price of
$123.9360. DELTA CORPORATION LIMITED (DLTA.zw) was $0.7079 lower
at $221.1855 and TSL LIMITED (TSL.zw) inched $0.6944 downwards to end the
month’s first trading session at $60.5556.