Market Commentary 7 October 2022
The market continued on a downward trend with the ZSE All-Share Index shedding
447.67 points (3.18%) to close at 13,632.14 points. INNSCOR AFRICA LIMITED
(INN.zw) plunged by $28.2828 to $270.0867, DELTA CORPORATION LIMITED
(DLTA.zw) was $23.8995 lower at $204.4233 whilst ECONET WIRELESS
ZIMBABWE LIMITED (ECO.zw) lost $10.0344 to $90.0160. AXIA CORPORATION
LIMITED (AXIA.zw) decreased by $3.7867 to $49.2152 and ECOCASH HOLDINGS
ZIMBABWE LIMITED (EHZL.zw) dropped $1.2089 to $49.8167.
Gains were recorded in NATIONAL FOODS HOLDINGS LIMITED (NTFD.zw)
which jumped $100.0000 to $1,200.0000, MASHONALAND HOLDINGS LIMITED
(MASH.zw) rose by $7.0500 to $72.0000 and MEIKLES LIMITED (MEIK.zw) added
$4.5041 to $110.0000. FIRST MUTUAL HOLDINGS LIMITED (FML.zw) traded
$3.5318 higher at $27.5318 whilst FIRST CAPITAL BANK LIMITED (FCB.zw) gained
$1.2557 to $10.2944.