Market Commentary 28 September 2022
The market continued on a positive note with the ZSE All Share index adding
1,241.49 points (9.87%) to close at 13,825.66 points. Top gainers were led by
BRITISH AMERICAN TOBACCO ZIMBABWE LIMITED (BAT.zw) which rose by
$357.0500 to $2.737.5500, INNSCOR AFRICA LIMITED (INN.zw) increased by
$35.1000 to $269.2500 and DELTA CORPORATION LIMITED (DLTA.zw) was
$29.1500 higher at $223.6500. SIMBISA BRANDS LIMITED (SIM.zw) gained
$19.4000 to $149.0500 and HIPPO VALLEY ESTATES LIMITED (HIPO.zw) added
$17.0103 to close at a price of $207.0103.
Losses were recorded in FIRST MUTUAL HOLDINGS LIMITED (FML.zw) which
dropped $2.4429 to $16.5571, ZIMRE HOLDINGS LIMITED (ZIMR.zw) contracted
$0.4790 to $5.0210 and NATIONAL FOODS HOLDINGS LIMITED (NFTD.zw)
was $0.2416 lower at $1,095.1290. NATIONAL TYRE SERVICES LIMITED
(NTS.zw) and GETBUCKS MICROFINANCE BANK LIMITED (GBZW.zw)
remained flat at $13.0000 and $17.5500 among other counters.