Bullish sentiment prevails in Monday\u2019s session as demand continues to firm up<\/p>\n
The bullish sentiment prevailed in Monday\u2019s trades as demand in selected counters continued to skyrocket. A total of twenty counters registered trades in the session segregated into fifteen gainers, five that sailed stable and a nil position of losers. The All-Share Index garnered 7.43% to end at 667,849.02pts while, the Blue-Chip Index edged up 8.64% to settle at 307,868.65pts. <\/p>\n
The Agriculture Index added 3.79% to end at 1,373.93pts while, the Mid-Cap went up 2.21% to close at 2,419,502.76pts. Leading the gainers of the day was BridgeFort Capital Class A that garnered 21.43% to close at $85.0000 as scrappy 201 shares traded. Dairy processor Dairibord inched up 15.00% to $1,265.0000 while, bankers ZB followed as they rose by a similar 15.00% to end at $1,265.0000. Cable manufacturer CAFCA also edged up 15.00% to close trading at a VWAP of 15,525.0000 while, beverages producer Delta closed at a VWAP of $13,353.0399 as 74,900 shares traded in the name despite, closing heavily bid.<\/p>\n
Activity aggregates enhanced in the session as volumes traded jumped 80.14% to 2.10m shares while, turnover increased by 87.91% to see $6.41bn exchange hands. Activity was mainly confined in Delta that claimed 66.27% of the volume and 63.79% of the turnover. The other notable volume driver was Seedco limited that contributed 11.54% of the total. In the turnover category, Delta was the other notable value driver as it claimed 14.38% of the total. <\/p>\n
In the ETF category, only three funds registered price movement in the session as they all closed pointing northwards. The Old Mutual Top 10 ETF garnered 9.26% to close at $115.0000 while, the Datvest MCS advanced 1.82% to $20.3636 as it only traded 550 shares in the session. The Morgan & CO Made In Zimbabwe was 1.30% higher at $19. 5000. In the REIT category, the Tigere REIT climbed 0.98% to $760.1871 while, Revitus Property Opportunities scaled up 1.83% to $551.9286.-efe<\/p>\n","protected":false},"excerpt":{"rendered":"
Bullish sentiment prevails in Monday\u2019s session as demand continues to firm up The bullish sentiment prevailed in Monday\u2019s trades as demand in selected counters continued to skyrocket. A total of twenty counters registered trades in the session segregated into fifteen gainers, five that sailed stable and a nil position of losers. The All-Share Index garnered […]<\/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-2806","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\/2806","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=2806"}],"version-history":[{"count":3,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2806\/revisions"}],"predecessor-version":[{"id":2841,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2806\/revisions\/2841"}],"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=2806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}