{"id":2646,"date":"2024-02-08T11:42:50","date_gmt":"2024-02-08T09:42:50","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2646"},"modified":"2024-02-08T11:42:50","modified_gmt":"2024-02-08T09:42:50","slug":"zse-market-commentary-05-february-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2646","title":{"rendered":"ZSE Market Commentary 05 February 2024"},"content":{"rendered":"<p>ZSE register gains in week opening session\u2026<\/p>\n<p>The market registered gains in the week opening session as the primary All Share Index gained 3.84% to 594,074.74pts while, the Blue-Chip Index lost 6.24% to 242,330.46pts. The Agriculture Index fell 2.42% to 1,568.63pts while, the Mid Cap Index firmed up 4.76% to 2,045,523.82pts. Conglomerate Art Corporation and Riozim headlined the top performers of the day on a similar 15.00% jump to $103.5000 and $1,035.0000 respectively. Retailer OkZim surged 14.92% to close at $722.4797 while, Zimre Holdings grew 14.71% to $201.0244. Banking group FBC Holdings capped the winners of the day on a 14.29% uplift to end the day pegged at $3,200.0000.  In contrast, CBZ Holdings and seed producer SeedCo Limited led the laggards of the day on an equivalent 15.00% decline to $7,820.0000 and $3,381.9500 respectively. Tea producer Tanganda dropped 14.93% to settle at $2,860.0000 while, beverage giant Delta retreated 14.07% to $8,600.1041. Hotelier Meikles Limited completed the fallers of the day on an 8.28% slump to end the day pegged at $6,190.9893. Thirteen counters registered gains against seventeen that faltered to leave the market with a negative breadth of four.<\/p>\n<p>Activity aggregates were depressed in the week opening session as volume traded succumbed 41.96% to 3.21m shares while, value traded fell 74.10% to $7.41bn. The trio of Econet, Okzim and Ecocash holdings contributed a combined 75.82% to the total volume traded. The top value drivers of the day were Econet (49.88%), Delta (34.81%), Okzim (6.65%) and Ecocash Holdings (3.86%). On the ETF section, 137,450 units exchanged hands. Datvest inched up 14.29% to $16.0000 while, Morgan &#038; Co Multi Sector ETF edged up 0.11% to close at $530.6000. OMTT ETF went up 0.76% to end the day pegged at $98.1422. Both REITs were active in the week opening session as 2,280 units exchanged hands. Revitus REIT soared 7.69% to $560.0000 while, Tigere REIT notched up 1.92% to $604.1053.  -efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE register gains in week opening session\u2026 The market registered gains in the week opening session as the primary All Share Index gained 3.84% to 594,074.74pts while, the Blue-Chip Index lost 6.24% to 242,330.46pts. The Agriculture Index fell 2.42% to 1,568.63pts while, the Mid Cap Index firmed up 4.76% to 2,045,523.82pts. Conglomerate Art Corporation and [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2638,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2646","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-commentary"],"_links":{"self":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2646","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=2646"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2646\/revisions"}],"predecessor-version":[{"id":2672,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2646\/revisions\/2672"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/media\/2638"}],"wp:attachment":[{"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2646"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2646"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2646"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}