ZSE Market Commentary 10 April 2024
ZSE activity remains depressed…
Market activity remained depressed for the third time in a row post the introduction of the ZiG currency. The All-Share Index slipped 0.99% to 100.97pts while, the Blue-Chip Index dropped a negligeable 0.003% to 100.81pts. The Agriculture Index remained stable at 100.63pts while, the Mid Cap Index fell 2.35% to 101.16pts. Delta lost a negligible 0.007% to settle at $6.7995 while, Star Africa surged 0.48% to settle at $0.0200 ART rose up 0.11% to end the day pegged at $0.0900.
Activity aggregates were mixed in the session as volume traded fell by 78.57% to 4,500 shares while, turnover grew 1,585.00% to $9,000.00, Star Africa led the top volume drivers of the day claiming 50%, followed by Delta (33.33%) and ART (16.67%). Top value drivers of the day were Delta (98.91%), ART (0.65%) and Star Africa (0.44%).