Market Commentary 14 September 2022
The market continued on a downtrend with the All Share Index dropping 704.30
points (5.69%) to close at 11,680.66 points. BRITISH AMERICAN TOBACCO
ZIMBABWE LIMITED (BAT.zw) lost $344.9500 to $1,955.0000, NATIONAL
FOODS HOLDINGS LIMITED (NTFD.zw) was $200.0000 weaker at
$1,145.0000 whilst HIPPO VALLEY ESTATES LIMITED (HIPO.zw) slumped
by $30.0487 to $209.9513. DELTA CORPORATION LIMITED (DLTA.zw) fell
by $16.9882 to $157.1205 and CBZ HOLDINGS LIMITED (CBZ.zw) lost $9.9978
to settle at a price of $150.0000.
Trading in the Positive: MASHONALAND HOLDINGS LIMITED (MASH.zw)
increased by $0.2333 to $5.2333, WILLDALE LIMITED (WILD.zw) gained
$0.0056 to close at $1.7056, whilst GENERAL BELTINGS HOLDINGS
LIMITED (GBHZ.zw) was $0.0033 up at a price of $2.2033. STAR AFRICA
CORPORATION LIMITED (SACL.zw) was up by $0.0025 at $1.7000 and
AFRICAN DISTILLERS LIMITED (AFDS.zw) remained flat at $300.0000.