{"id":2760,"date":"2024-03-01T17:24:06","date_gmt":"2024-03-01T15:24:06","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2760"},"modified":"2024-03-06T15:11:23","modified_gmt":"2024-03-06T13:11:23","slug":"zse-market-commentary-28-february-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2760","title":{"rendered":"ZSE Market Commentary 04 March 2024"},"content":{"rendered":"<p>ZSE retreats in week opening session\u2026<\/p>\n<p>The ZSE market retreated 0.27% in week opening session to 521,101.97pts as all the four indices under our review closed in the red. The Blue-chip index lost 0.36% to 232,468.22pts while, the Agriculture index closed 0.94% lower at 1,414.04pts. The Mid-Cap index fell by 0.03% to 2,116,438.08pts. Milk processor Dairibord Holdings Limited led the laggards of the day on a 9.55% slid to $950.2894 while, Ariston trailed on a 4.50% loss to $67.5306. Proplastics and FBC holdings declined a similar 2.78% to close at $1,300.3049 and $2,800.0000 respectively. First Mutual Properties capped the top five worst performers of the day on a 1.69% drop to end the day pegged at $580.0000. Zimbabwe Newspaper Limited headlined the top performers of the day on a 66.67% jump to $100.0000. ART surged 14.21% to $217.000 followed by Rainbow Tourism group that added 3.36% to $380.0000. Meikles Limited charged 1.34% to end the day pegged at $2,455.0000. Nampak completed the winners of the day on a 1.02% uplift to $495.0000.   The market closed with a negative breadth of five after ten counters recorded gains against fifteen that faltered.<\/p>\n<p>Activity aggregates enhanced in the session as volume traded increased by 90.37% to 1,830,200 shares while, value traded ballooned 65.11%  to $2.8b. The top volume drivers of the day were OK (26.45%), Star Africa (15.46%) and Econet (12.65%). The trio of Delta, Econet and OK Zim dominated the turnover category as they claimed a combined 64.33% of the total. Datvest ETF advanced 0.32% to $19.5114 while, MIZ ETF soared 10.53% to settle at $21.0000. Cass Saddle  ETF and OMTT ETF eased 0.12% and 1.55% to close at $7.5808 and $90.0068 respectively. A total of 387,800 units exchanged hands on the REIT section.  Tigere REIT shot up 18.95% to settle at $628.9510 while, Revitus REIT slipped 1.41% to close at $552.1053.-efe<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE retreats in week opening session\u2026 The ZSE market retreated 0.27% in week opening session to 521,101.97pts as all the four indices under our review closed in the red. The Blue-chip index lost 0.36% to 232,468.22pts while, the Agriculture index closed 0.94% lower at 1,414.04pts. The Mid-Cap index fell by 0.03% to 2,116,438.08pts. Milk processor [&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-2760","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\/2760","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=2760"}],"version-history":[{"count":4,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2760\/revisions"}],"predecessor-version":[{"id":2785,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2760\/revisions\/2785"}],"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=2760"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2760"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2760"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}