{"id":2986,"date":"2024-05-10T11:30:16","date_gmt":"2024-05-10T09:30:16","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=2986"},"modified":"2024-05-10T11:30:16","modified_gmt":"2024-05-10T09:30:16","slug":"zse-market-commentary-08-may-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=2986","title":{"rendered":"ZSE Market Commentary 08 May 2024"},"content":{"rendered":"<p>NMB highlights activity aggregates&#8230;<\/p>\n<p>Banking group NMB highlighted today&#8217;s activity aggregates as a circa of 6.18m shares worth $8.90m exchange hands in the session. The trade accounted for 87.76% of the volumes and 88.68% of the turnover traded.  The other notable activity driver was Econet that claimed 6.58% of the volume and 5.54% of the values. Today&#8217;s turnover  ballooned by 1,378.48% to $10.04m while, volume jumped by 512.13% to see 7.04m shares exchange hands. The Tigere REIT was 1.46% lower at $0.5814 while, the Revitus Properties Opportunities was stable at $0.2200. A total of 93,865 units worth $54,390.70 exchanged hands in the REIT category. They were no trades in the ETF category.<\/p>\n<p>Insurance company First Mutual Holdings that is trading under a cautionary led the laggards of the day as it eased 14.86% to close pegged at $1.9200. Dairibord lost a near similar percentage to FML as it shed 14.85% to settle at $0.5639 while, sprits and wines producer Afdis was 13.83% lower at<br \/>\n$1.9000. Property concern FMP shed 13.48% to $0.2600 while, banking group ZB Financial Holdings eased 13.37% to end at $2.2000 as it capped the top five losers list of the day.<\/p>\n<p>Life assurer Fidelity led the best performers of the day on a 14.62% jump to end at $0.5800 while, Zimre Holding Limited trailed on a 7.40% rise to $0.3007. Seed technology group SeedCo limited edged up 2.61% to close trading at $1.2985 while, sugar processor Star Africa was 1.94% higher at $0.0089. TSL fastened the top five gainers list of the day, as it eked out a negligible 0.19% gain to $1.0625. The All-Share Index lost 2.30% to end at 94.39% while, the Blue-Chip Index was 2.52% lower  at  92.49pts. The  Mid-Cap  Index retreated  3.93% to 97.14pts while, the Agriculture  index was 0.80% weaker  at 89.17pts .<\/p>\n<p>VFEX rebounds in the mid-week session &#8230;<\/p>\n<p>The VFEX market rebounded in the mid-week session as the All-Share Index gained 1.86% to 98.40pts. Hotelier African Sun led the gainers of the day as it advanced 18.57% to $0.0498 while, Zimplow jumped 16.96% to settle at $0.0200 . Conglomerate lnnscor notched up 4.60% to $0.4188 whi le, Edgars charged 3.17% to $0.0130. Banking group First Capital was 2.42% firmer at $0.0254. Partially offsetting today&#8217;s gains was Simbisa that dropped 1.31% to $0.3550.<\/p>\n<p>Activity aggregates improved in the session a$ volumes traded increased by 203.52% to 278,311 shares while, value traded rose 40.62% to $42,304.72. Top volume drivers of the day were Padenga and African Sun that claimed 78.63% and 18.97% respect ive ly. In the turnover category, activ ity was mainly confined in Padenga that claimed 87.94% of the turnover .-efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NMB highlights activity aggregates&#8230; Banking group NMB highlighted today&#8217;s activity aggregates as a circa of 6.18m shares worth $8.90m exchange hands in the session. The trade accounted for 87.76% of the volumes and 88.68% of the turnover traded. The other notable activity driver was Econet that claimed 6.58% of the volume and 5.54% of the [&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-2986","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\/2986","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=2986"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2986\/revisions"}],"predecessor-version":[{"id":2987,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2986\/revisions\/2987"}],"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=2986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}