ZSE records losses for the fourth consecutive session…<\/p>\n
All-Share Index dipped 0.67% to 93 .76pts while, the Blue\u00ac Chip Index fell 0.82% to 91.73pts. The Agriculture Index lost 0.83% to 88.43pts while,the Mid Cap Index dropped 1.85% to 95 .34pts. Brick manufacturer Willdale led the laggards of the day on a 20 .00% decline to $0.0400, followed by Proplastics that trimmed 14.92% to settle at $0.4780 . First Mutual Holdings retreated 14.58% to $1.6400 while, Nampak slipped 11.11% to $0.4000. Tea producer Tanganda capped the fallers of the day on a 7.26% slide to end the day pegged at $1.8000. Partially mitigating today’s losses was Zimre Holdings Limited that jumped 11.53% to $0.3354, trailing was Turnall that gained 8.27% to close at $0.0275 .Star Africa stepped up 8.26% to $0.0097 while, seed producer Seed Co Limited inched up 2.69% to $1.3334. Telecoms giant Econet fastened the top five performers of the day on a 1.64% uplift to end the day pegged at $1.2198.Eleven counters recorded losses against seven that gained to leave the market with a negative breadth of four.<\/p>\n
Act ivity aggregates declined in the session as volumes traded plunged 85.61% to l.Olm shares while, turnover succumbed 82.08% to $1.80m. The top volume drivers of the day were Star Africa {33.16%), Delta (15.75%) and FBC (11.91%) . Delta, FBC and Meikles dominated the total value traded after contributing 63 .01%, 12.88%,and 10.42% respectively. A total of 14,403 units exchanged hands in the ETF section. Cass Saddle ETF shot up 14.00% to settle at $0.0057 while,MIZ ETF surged 4.73% to $0.0100. OMTI ETF firmed up 1.85% to $0.1100 after 9,603 units exchanged hands in the penultimate session. Tigere REIT shook off 0.32% to end the day pegged at $0.5795 after 800,797 units traded.<\/p>\n
VFEX extends gains in the penultimate session … <\/p>\n
The VFEX market extended gains in the penultimate session of the week as the All-Share Index added 0.83% to 99.21pts. Hotelier African Sun headlined the top performers of the day on a 18.88% jump to $0.0592 while, lnnscor went up 5.52% to end the day pegged at $0.4419. In contrast, Axia faltered 17.33% to $0.0744 while, Padenga tumbled 4.06% to $0.1631. National Foods shed 1.70% to close at $1.3025 while, fast foods group Simbisa lost 1.41% to $0.3500 . Banking group First Capital completed the laggards of the day on a 1.18% loss to end the day pegged at $0.0251.<\/p>\n
Activity aggregates were mixed in the session as volumes traded fell 64.73% to 98,152 shares while, turnover shed 56.29% to $18,492.34 . The trio of Padenga, lnnscor and Axia contributing a combined 94.76% of the volume aggregate . The top value drivers of the day were Padenga (64.69%), lnnscor (27.07%) and Axia (3.36%).-efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE records losses for the fourth consecutive session… All-Share Index dipped 0.67% to 93 .76pts while, the Blue\u00ac Chip Index fell 0.82% to 91.73pts. The Agriculture Index lost 0.83% to 88.43pts while,the Mid Cap Index dropped 1.85% to 95 .34pts. Brick manufacturer Willdale led the laggards of the day on a 20 .00% decline to […]<\/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-2988","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\/2988","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=2988"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2988\/revisions"}],"predecessor-version":[{"id":2989,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/2988\/revisions\/2989"}],"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=2988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}