{"id":2934,"date":"2024-04-17T16:11:50","date_gmt":"2024-04-17T14:11:50","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2934"},"modified":"2024-04-17T16:11:50","modified_gmt":"2024-04-17T14:11:50","slug":"zse-market-commentary-16-april-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2934","title":{"rendered":"ZSE Market Commentary 16 April 2024"},"content":{"rendered":"<p>ZSE  continue to falter &#8230;<\/p>\n<p>The market continued to falter in Tuesday&#8217;s session as losing stocks outweighed the gainers to leave the market in the red. The mainstream All Share Index dropped 0.81% to close at 98.43pts while, the Mid Cap Index let go 0.96% to 100.94pts. On the contrary, the ZSE Top Ten Index charged 1.70% to 99.71pts while, ZSE Agriculture Index put on 0.48% to end at 100.93pts. <\/p>\n<p>Star Africa headlined the decliners of the day on a 0.85% to $0.0030, followed by Econet that trimmed 0.11% to $1.7299. SeedCo Limited shed 0.10% to close at $1.8000 as Turnall retreated 0.02% to $0.0275. CBZ completed the top five shakers of the day on a 0.004% loss to $3.9500. The tripartite of Willdale, OKZIM and Ariston led the positive movers of the day on a similar 0.12% gain to close at respective prices of $0.0450, $0.5280 and $0.0562. Hippo improved 0.09% to $3.7800 as Zimre holdings added 0.08% to $0.2600.<\/p>\n<p>Activity aggregates were mixed in Tuesday&#8217;s session as volumes dipped 26.35% to 177,200 shares while, turnover jumped 20.26% to $80,936.84. Ariston and Star Africa contributed a combined 78.95% of the volume outturn. Driving the value aggregate was Delta and Econet claimed 52.60% and 18.60% respectively. The Datvest ETF surged 15.00% to $0.0230 while, the Old Mutual ETF grew 11.19% to $0.1043. The Morgan and Co MCS went up 3.58% to $0.3800 on 640 units. The Tigere REIT climbed up 7.55% to end $0.5527 while, the Revitus property slipped 1.83% to $0.2200.-efsecurities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE continue to falter &#8230; The market continued to falter in Tuesday&#8217;s session as losing stocks outweighed the gainers to leave the market in the red. The mainstream All Share Index dropped 0.81% to close at 98.43pts while, the Mid Cap Index let go 0.96% to 100.94pts. On the contrary, the ZSE Top Ten Index [&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-2934","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\/2934","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=2934"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2934\/revisions"}],"predecessor-version":[{"id":2935,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2934\/revisions\/2935"}],"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=2934"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2934"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2934"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}