ZSE retreats further…<\/p>\n
The ZSE market continued to wane in the mid-week session to see the All share Index retreating 2.05% and closed at 508,171.16pts while, the Top Index shed 2.54% to 225,747.61.The Agriculture Index fell 1.79% to close at 1.355.61pts while, the Mid Cap Index faltered 0.37% to close at 2,097,699.97pts. Telecommunications giant Econet led the stragglers of the day on a 14.65% drop to $1,653.9313, having traded an intra-day low of $1,650.0000, followed by ZB Financial Holdings that tumbled 9.22% to close at $1,900.000. Pan African Seed Company SeedCo Limited declined 5.56% to $2,200.0021 while, Nampak Zimbabwe Limited fell by 4.07% to close at $470.0000. Ecocash Holdings completed the top five fallers list on a 3.55% slid to end the day locked in at $622.0833 on selling pressure. Zimre Holdings Limited capped the gainers of the day on a 11.81% jump to $265.0000 preceded by Zimbabwe Newspaper that added 1.44% to $101.4433. The market closed with negative breadth of four as eight counters registered gains against four that faltered.<\/p>\n
Activity aggregates improved in the session as volume traded increased by 507.60% to 3.92m shares while, value traded grew by 307.87% to $7.31b. Econet most sought after stock of the day, driving both the volumes and values after contributing 66.66% and 59.11% respectively. Other volume drivers of the day were OK (16.60%), Seed co (8.28%) and Delta (5.65%). The triad of Delta, SeedCo and OKZim claimed a combined contribution of 39.86% of the value totals. Datvest ETF advanced 0.19% to $19.6904 while, the Old Mutual ETF declined 1.34% to end the day pegged at $79.9485. Cass Saddle recorded and Morgan and Co Made in Zimbabwe ETFs recorded no trades while, Multi Sector ETF traded flat at $701.5000.<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE retreats further… The ZSE market continued to wane in the mid-week session to see the All share Index retreating 2.05% and closed at 508,171.16pts while, the Top Index shed 2.54% to 225,747.61.The Agriculture Index fell 1.79% to close at 1.355.61pts while, the Mid Cap Index faltered 0.37% to close at 2,097,699.97pts. Telecommunications giant Econet […]<\/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-2800","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\/2800","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=2800"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2800\/revisions"}],"predecessor-version":[{"id":2801,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2800\/revisions\/2801"}],"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=2800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}