Market Commentary 6 September 2022
The market recorded improved breadth as the All Share Index added 69.26 points
(0.51%) to close at 13,700.70 points. Top gains were recorded in MEIKLES
LIMITED (MEIK.zw) which added $8.2603 to end at $100.0000, UNIFREIGHT
AFRICA LIMITED (UNIF.zw) jumped by $4.0500 to $38.2500 and
ALMAGAMATED REGIONAL TRADING (ART) HOLDINGS LIMITED
(ARTD.zw) was $2.1500 stronger at a price of $16.6000. ECOCASH HOLDINGS
ZIMBABWE LIMITED (EHZL.zw) went up by $2.1049 to settle at $34.7333
whilst HIPPO VALLEY ESTATES LIMITED (HIPO.zw) inched $1.7488 up to
close at $209.9988
Trading in the negative: FIRST MUTUAL HOLDINGS LIMITED (FML.zw) was
$2.3477 lower at $16.1523, AXIA CORPORATION LIMITED (AXIA.zw) lost
$1.9958 to close at $54.0042 whilst BRIDGEFORT CAPITAL LIMITED
(BFCA.zw) retreated by $1.5000 to close at $8.7000. DAIRIBOARD HOLDINGS
LIMITED (DZL.zw) decreased by $1.1500 to $20.8000 and CBZ HOLDINGS
LIMITED (CBZ.zw) fell by $0.7000 to close at a price of $156.0000.