ZSE surges ahead of Easter holidays….<\/p>\n
The market remained afloat in the penultimate session of the month of March. The mainstream All Share Index jumped 6.18% to close at 844,265 .0lpts while, the ZSE Top Ten Index surged 6.80% to 383,848.60pts. The Agriculture Index improved 5.98% to 2,031.23pts while, the Mid Cap Index was 2.09% firmer at 3,108,166.78pts. <\/p>\n
Seed manufacturer SeedCo Limited led the market charge on a 15.00% advance to $2,990.4924. Following was Fidelity that edged up 14.99% to $822.5500. Dairiboard added 14.98% to close at $2,932.0000 while, Meikles soared 14.38% to $7,000.0000. Completing the top five risers of the day was Tanganda that grew 14.07% to $4,998.0065. Trading in the negative territory was ZB Financial Holdings that dropped 761% to $6,500.0000. <\/p>\n
Trailing was Ariston that retreated 7.03% to $65.0324 as apparel retailer Edgars wobbled 2.80% to $452.0000. Star Africa was 0.62% down at $16.8938 while, FML slipped 0.28% to settle at $5,619.0000. The market registered a negative breadth as gainers outnumbered fallers by a count of nine.<\/p>\n
Volume of shares traded jumped 75.59% to see 1.89m shares exchange hands. Turnover for the day swelled 77.33% to $3.54bn. Top volume drivers of the day were Ariston, OKZIM,Econet and Star Africa which claimed a combined 70.23%. Value drivers of the day were Econet (26.20%), ZB (24.52%), Delta (14.65%) and TSL (10.83%) . The Morgan and Co MCS put on 8.59% to $885.0000 while, the Datvest ETF rose 3.03% to $29 .1667. On the contrary, the Morgan and Co MIZ dipped 12.88% to end at $17.4247 while, the Cass Saddle ETF was stable at $9 .0000 on 1,000 units. The Tigere REIT inched up 7.22% to end pegged at $917.0063 as 95,687 units traded.-efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE surges ahead of Easter holidays…. The market remained afloat in the penultimate session of the month of March. The mainstream All Share Index jumped 6.18% to close at 844,265 .0lpts while, the ZSE Top Ten Index surged 6.80% to 383,848.60pts. The Agriculture Index improved 5.98% to 2,031.23pts while, the Mid Cap Index was 2.09% […]<\/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-2870","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\/2870","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=2870"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2870\/revisions"}],"predecessor-version":[{"id":2871,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2870\/revisions\/2871"}],"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=2870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}