The market rebounded in Friday\u2019s session as the primary All Share Index firmed up 1.72% to 266,752.43pts while, the Blue-Chip Index rose 1.35% to 119,063.78pts. The Agriculture Index gained 0.59% to 681.49pts while, the Mid Cap Index added 0.87pts to 1,013,481.28pts. CFI Holdings headlined the gainers list of the day on a 15.00% jump to $2,512.7500, followed by telecoms giant Econet that surged 14.70% to end trading at a VWAP of $1,299.9262. Banking group CBZ Holdings notched up 13.33% to close $4,533.3333 as scrappy 300 shares exchanged hands while, milk processor Dairibord advanced 4.13% to settle at $585.0833, where supply could be found. Meikles fastened the top five gainers list of the day on a 3.78% uplift to $2,000.0000. Trading in the negative territory was TSL that retreated 8.33% to $1,100.0000 as scanty 100 shares exchanged hands in the counter. Life assurer FML trailed on a 6.52% loss to $1,075.0000 following a cautionary statement announced by the company that it had received a response from IPEC indicating that the Commission was mandated by the Minister to institute corrective measures on its subsidiary First Mutual Life Assurance Company following a forensic investigation that was completed in 2023. RTG completed the top five fallers pack of the day on a 3.36% slid to $180.0000. <\/p>\n
Activity aggregates improved in the session as volumes traded increased by 170.26% to see 6.88m shares trade while, value traded increased by 149.06% to $7.22bn. Econet was the top traded counter in the session as it claimed 55.87% of the volume and 63.18% of the value. The other notable volume driver was FBC that contributed 21.02% of the volume traded. The duo of FBC and Delta claimed a combined 32.69% of the turnover traded. In the ETF category, funds traded mixed as Cass Saddle ETF and the Old Mutual Top 10 ETF shed 0.01% and 0.07% respectively. Datvest MCS went up 0.08% to $11.82000 while, the Morgan & Co MCS added 0.19% to settle at $514.0000. The Tigere REIT rose 3.43% to settle at a VWAP of $389.9353 while, the Revitus REIT dropped 8.33% to close at $550.0000. -efe<\/p>\n","protected":false},"excerpt":{"rendered":"
The market rebounded in Friday\u2019s session as the primary All Share Index firmed up 1.72% to 266,752.43pts while, the Blue-Chip Index rose 1.35% to 119,063.78pts. The Agriculture Index gained 0.59% to 681.49pts while, the Mid Cap Index added 0.87pts to 1,013,481.28pts. CFI Holdings headlined the gainers list of the day on a 15.00% jump to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2563","post","type-post","status-publish","format-standard","hentry","category-market-commentary"],"_links":{"self":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2563"}],"version-history":[{"count":2,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2563\/revisions"}],"predecessor-version":[{"id":2565,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2563\/revisions\/2565"}],"wp:attachment":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}