{"id":2849,"date":"2024-03-22T10:45:34","date_gmt":"2024-03-22T08:45:34","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2849"},"modified":"2024-03-22T10:45:34","modified_gmt":"2024-03-22T08:45:34","slug":"zse-market-commentary-21-march-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2849","title":{"rendered":"ZSE Market Commentary 21 March 2024"},"content":{"rendered":"<p>ZSE maintains gains in Thursday&#8217;s trades &#8230;<\/p>\n<p>The ZSE market-maintained gains in the penultimate session of the week as all the four benchmark indices under our review closed pointing northwards. The All-Share  Index inched up 2.64% to close at 748,995.77pts while, the Blue-Chip Index advanced  2.03% to end at 345,093.30pts. <\/p>\n<p>The Agriculture Index went  up 5.39% to settle at 1,667.17pts while, the Mid Cap Index notched up 7.56% to end at 2,791,426.94pts. Penny cap counter Willdale that is trading under a cautionary led the gainers of the day as it surged  32.74% to $67.8268 while, Turnall advanced 19.84% to $65.0000. Agriculture concern CFI inched up 15.00% to close at $2,990.0000 as 1,479 shares traded in the name while, rarely traded counter  First Mutual Holdings garnered 15.00% to settle at $5,635.0000. Banking group ZB charged a similar 15.00% to end the day trading at $4,626.1000 as it fastened the top five gainers list of the day. <\/p>\n<p>Trading in the negative territory was seed producer SeedCo Limited that shed 0.59% to end at $2,238.0165 followed by beverages producer Delta fell by 0.41% to end at a VWAP of<br \/>\n$14,440.5494. Fintech group Ecocash retreated 0.19% to end at $601.9181 while, property company Mashonaland was 0.08% lower at $339.7321. Tea producer Tanganda lost a negligible 0.0024% to end at $3,888.8036.<\/p>\n<p>Activity aggregates improved in the session as volume traded rose by 0.44% to see 1.34m shares worth $4.32bn exchange hands in the session. This represented a 18.70% increase in t1..1rnover. Econet, Star Africca and Delta led the volume driver of the day they contributed 24.53%, 19.77% and 11.01% respectively. The duo of Delta and Econet were the top turnover drivers of the day as they claimed 74.1% of the total value traded. In the ETF category, the  Datvest MCS charged 7.04% to settle at $25.0475 while, the Old Mutual Top 10 ETF added 1.15% to settle at $141.6142. The Morgan &#038; CO Made in Zimbabwe ETF fell 5.14% to $18.4977. The Tigere REIT was 0.17% up at 777.9603 while, Revitus opportunities jumped 1.46% to end at $560.0000.<br \/>\nBulls n Bears<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE maintains gains in Thursday&#8217;s trades &#8230; The ZSE market-maintained gains in the penultimate session of the week as all the four benchmark indices under our review closed pointing northwards. The All-Share Index inched up 2.64% to close at 748,995.77pts while, the Blue-Chip Index advanced 2.03% to end at 345,093.30pts. The Agriculture Index went up [&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-2849","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\/2849","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=2849"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2849\/revisions"}],"predecessor-version":[{"id":2850,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2849\/revisions\/2850"}],"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=2849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}