{"id":2873,"date":"2024-04-03T12:54:02","date_gmt":"2024-04-03T10:54:02","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2873"},"modified":"2024-04-03T12:54:02","modified_gmt":"2024-04-03T10:54:02","slug":"zse-market-commentary-02-april-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2873","title":{"rendered":"ZSE Market Commentary 02 April 2024"},"content":{"rendered":"<p>ZSE records gains in month opening session&#8230;<\/p>\n<p>The ZSE recorded gains in the first session of the month as the primary All Share Index ticked up 3.46% to 903,513.36pts while, the Blue-Chip Index added 3.16% to 410,596.59pts. The Agriculture Index rose 2.86% to 2,245.73pts as the Mid Cap Index firmed up 2.79% to 3,265,124.58pts. ZBFH and RioZim led the top performers of the day on a similar 15% jump to close at $6,353.7500 and $1,380.0000 respectively. <\/p>\n<p>Seed producer SeedCo and banking group FBC surged 15.00% again to settle at $3,954.9000 and $4,714.9847 respectively. Spirit and wine distillers Afdis completed the risers list of the day on    another 15.00% jump to end the day pegged at $5,495.0000.<\/p>\n<p>Bridgefort Capital A led the laggards of the day on a 58.82% plunge that took it to $35.0000. Beverage giant Delta declined 0.37% to close at $16,590.4170 while, tea producer Tanganda retreated  a  negligible  0.07%  to  end  the  day  pegged  at $5,110.7692. Seventeen counters recorded gains against three that faltered to leave the market with a positive breadth offourteen.<\/p>\n<p>Activity aggregates enhanced in the session as volumes traded ballooned  71.97%  to  3.79m  shares  while,  turnover  grew 147 .16% to $14.73bn. Top volume drivers of the day were Star Africa (39.14%), Econet (34.99%) and Delta {9.68%).Econet, Delta and BAT drove the value aggregates after contributing 46.81%, 41.38% and 8.69% respectively. <\/p>\n<p>A total of 34,480 units exchanged hands in the ETF section. Cass Saddle ETF edged up 10.09% to $9.9077 while, Datvest ETF jumped 15.00% to settle at $38.5700. OMTI ETF notched up 0.13% to $170.0000. The Tigere REIT inched up 6.18% to end pegged at $1,029.1853 while,   the   Revitus   Property   fund   firmed   up  0.13%  to $559.7368.<br \/>\nBulls n Bears<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE records gains in month opening session&#8230; The ZSE recorded gains in the first session of the month as the primary All Share Index ticked up 3.46% to 903,513.36pts while, the Blue-Chip Index added 3.16% to 410,596.59pts. The Agriculture Index rose 2.86% to 2,245.73pts as the Mid Cap Index firmed up 2.79% to 3,265,124.58pts. ZBFH [&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-2873","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\/2873","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=2873"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2873\/revisions"}],"predecessor-version":[{"id":2874,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2873\/revisions\/2874"}],"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=2873"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2873"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2873"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}