{"id":2901,"date":"2024-04-12T10:05:10","date_gmt":"2024-04-12T08:05:10","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2901"},"modified":"2024-04-12T10:05:10","modified_gmt":"2024-04-12T08:05:10","slug":"zse-market-commentary-04-april-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2901","title":{"rendered":"ZSE Market Commentary 04 April 2024"},"content":{"rendered":"<p>\nZSE takes a breather ahead of Monetary statement to be announced tomorrow at 12pm. The primary All-Share Index lost 0.13% to 914,533.75pts while, the Blue\u00ac Chip Index fell 1.02% to 410,610.21pts. The Agriculture Index rose 1.96% to 2,308.96pts while, the Mid Cap Index firmed up 2.39% to 3,407,619.86pts. Banking group CBZ Holdings led the laggards of the  day on a 13.93% retreat to $9,639.3625, followed by brick manufacturer Willdale that dropped 8.78% to close at a VWAP of $100.3475. <\/p>\n<p>Telecoms giant Econet eased 1.75% to close at $4,890.9726 while, General Beltings shed 1.46% to $135.0000. Star Africa completed the fallers of the day on a 0.12% decline to end the day pegged at $16.9000. Partially mitigating today&#8217;s losses were gains in NTS that surged 100% to $320.0000 while, Fidelity climbed 15.00% to $1,086.7500. Nampak stepped up 14.96% to $1,018.0000 while  Zimre  Holdings  Limited  jumped  14.88%  to  settle  at $512.0000 . Seed producer Seed Co capped the winners of the day on a 14.41% uplift to end the day pegged at $4,518.1527. Fourteen counters recorded gains against six that faltered to leave the market with a positive breadth of eight.<\/p>\n<p>Activity aggregates were mixed in the session as volume traded fell 18.30% to 1.54m shares while, turnover grew 129.66% to $7.46bn. Econet, Star Africa and Delta were the top volume drivers after contributing 57.47%, 8.48% and 8.35% respectively. The top value drivers of the day were Econet (58.04%), Delta (29.31%) and Meikles (4.09%). In the ETF Section, OMIT ETF went up 14.20% to $215.0000 while, MIZ ETF inched up 5.00% to close at a VWAP of $21.0000. Datvest ETF soared 14.08% to end the day pegged at $44.0000 after 5,982 units exchanged hands. A total of 290,044 units exchanged hands in the REIT section which saw Tigere REIT gaining 3.68% to close at $1,100.0000.<br \/>\nBulls n Bears<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE takes a breather ahead of Monetary statement to be announced tomorrow at 12pm. The primary All-Share Index lost 0.13% to 914,533.75pts while, the Blue\u00ac Chip Index fell 1.02% to 410,610.21pts. The Agriculture Index rose 1.96% to 2,308.96pts while, the Mid Cap Index firmed up 2.39% to 3,407,619.86pts. Banking group CBZ Holdings led the laggards [&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-2901","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\/2901","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=2901"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2901\/revisions"}],"predecessor-version":[{"id":2902,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2901\/revisions\/2902"}],"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=2901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}