Market Commentary 15 September 2022
The market continued on a downtrend with the All Share Index dropping 762.70
points (6.53%) to close at 10,917.96 points. INNSCOR AFRICA LIMITED
(INN.zw) led the losers after dropping $24.1138 to $202.8601, DELTA
CORPORATION LIMITED (DLTA.zw) was $22.8445 weaker at $134.2760
whilst HIPPO VALLEY ESTATES LIMITED (HIPO.zw) slumped by $18.8180
to $191.1333. TANGANDA TEA COMPANY LIMITED (TANG.zw) fell by
$18.3998 to $104.5000 and ECONET WIRELESS ZIMBABWE LIMITED
(ECO.zw) lost $11.1153 to settle at a price of $63.6128.
Trading in the Positive: CFI HOLDINGS LIMITED (CFI.zw) increased by
$10.0000 to $410.0000, FIRST CAPITAL BANK LIMITED (FCA.zw) gained
$0.5486 to close at $8.1458, whilst ZB FINANCIAL HOLDINGS LIMITED
(ZBFH.zw) was $0.2500 up at a price of $66.2500. ECOCASH HOLDINGS
ZIMBABWE LIMITED (EHZL.zw) was up by $0.0744 at $27.8139 and
RAINBOW TOURISM GROUP LIMITED (RTG.zw) remained added $0.0700
to $7.4000