Market Commentary 27 October 2022
The market continued on an upward trend after the ZSE All Share Index increased by
77.73 points (0.53%) to close at 14,722.93 points. Top gainers were led by SIMBISA
BRANDS LIMITED (SIM.zw) which added $14.0510 to $241.2625, AXIA
CORPORATION LIMITED (AXIA.zw) went up by $4.2507 to $68.8886 and CBZ
HOLDINGS LIMITED (CBZ.zw) gained $2.2179 to $132.8846. DELTA
CORPORATION LIMITED (DLTA.zw) increased by $2.0846 to $232.2756 whilst
ZIMPLOW HOLDINGS LIMITED (ZIMW.zw) traded $1.8000 higher at $17.8000.
Losses were recorded in TANGANDA TEA COMPANY LIMITED (TANG.zw) which
decreased by $3.0000 to $81.0000, NATIONAL FOODS HOLDINGS LIMITED
(NTFD.zw) lost $2.8652 to $1,102.1348 whilst AMALGAMATED REGIONAL
TRADING HOLDINGS LIMITED (ART.zw) traded $2.5500 lower at $15.0500.
RIOZIM LIMITED (RIOZ.zw) slumped by $2.0000 to $130.0000 whilst AFRICAN
SUN LIMITED (ASUN.zw) shed $1.7806 to $22.0000