Market Commentary 29 September 2022
The market continued on a bullish run with the ZSE All Share index adding 1,198.20
points (8.67%) to close at 15,023.86 points. Trading in the positive: INNSCOR
AFRICA LIMITED (INN.zw) which rose by $40.1262 to $309.3762, DELTA
CORPORATION LIMITED (DLTA.zw) increased by $32.5502 to $256.2002 and
SIMBISA BRANDS LIMITED (SIM.zw) was $21.2874 higher at $170.3374. ECONET
WIRELESS LIMITED (ECO.zw) gained $15.1534 to $118.4534 and SEED CO
LIMITED (SEED.zw) added $11.5127 to close at a price of $113.0127.
Losses were recorded in MEIKLES LIMITED (MEIK.zw) which dropped $3.5330 to
$114.9565, DAIRIBORD LIMITED (DZL.zw) retreated by $2.2120 to $22.1880 and
NMBZ HOLDINGS LIMITED (NMB.zw) was $1.9991 lower at $18.0009. AXIA
CORPORATION LIMITED (AXIA.zw) contracted $1.1172 to 48.8328 whilst
PROPLASTICS LIMITED (PROL.zw) fell by $0.4498 to 26.0002