Market Commentary 18 October 2022
The market started the week on a positive note after the ZSE All Share Index was up
65.29 points (0.47%) to close the trading session at 13,897.26 points. Trading in the
positive: ZB FINANCIAL HOLDINGS LIMITED (ZBFH.zw) which traded $10.4979
higher at $80.5000, SIMBISA BRANDS LIMITED (SIM.zw) added $8.5792 to
$180.0000 whilst ECONET WIRELESS ZIMBABWE LIMITED (ECO.zw) gained
$2.9123 to $89.8103. DAIRIBORD HOLDINGS LIMITED (DZL.zw) was $2.6966 up
at $32.0000 and TSL LIMITED (TSL.zw) rose by $1.4753 to close at $38.7753.
Trading in the negative: DELTA CORPORATION LIMITED (DLTA.zw) which
slumped by $2.7216 to $224.2478, RIOZIM LIMITED (RIOZ.zw) lost $2.0000 to
$130.0000 and MASIMBA HOLDINGS LIMITED (MSHL.zw) went down by $1.8667
to $70.8000. TANGANDA TEA COMPANY LIMITED (TANG.zw) decreased by
$0.7996 to $79.2004 and NAMPAK ZIMBABWE LIMITED (NPKZ.zw) traded $0.5541
lower at $8.9000