ZSE advances further in Monday\u2019s trades\u2026<\/p>\n
The ZSE market advanced further in Monday\u2019s trades as all the four indices we review closed pointing northwards. The All-Share Index was 0.25% higher at 94.24pts while, the heavy cap Index rose 0.49% to 92.23pts. The Agriculture Index was 0.38% firmer at 89.21pts while, the Mid cap Index added 0.30% to end at 96.17pts. <\/p>\n
Fintech company Ecocash that is trading under a cautionary notched up 11.78% to close at $0.2400 while, insurance company First Mutual Holdings was 6.10% up at $1.7400. Tea producer Tanganda closed at $1.8525 following a 2.92% ascent while, hotelier Rainbow Tourism Group jumped 1.17% to $0.2125. Sugar processor Star Africa inched up 1.02% to $0.0099. <\/p>\n
Retailer Ok Zimbabwe led the laggards of the day on a 8.96% drop to $0.4907 as scrappy 2,200 shares traded in today\u2019s session. Telecommunications giant Econet eased 2.60% to end at $1.2515 while, beverages group Delta was 0.19% lower at $7.1004. <\/p>\n
Packaging company Proplastics shed 0.11% to settle at $0.4495. General Beltings capped the top five worst performers of the day as it lost a negligible 0.001% to $0.0502 as only 300 shares traded in the name.<\/p>\n
Activity aggregates were depressed in today\u2019s trades as volumes traded fell by 5.23% to see 2.96m shares worth $4.45m exchange hands. This represented a 13.68% decline in turnover. Econet led the volume drivers of the day as it claimed 87.89% of the total traded. <\/p>\n
In the turnover category, activity was mainly seen in Econet and Delta as they claimed a combined 93.20% of the turnover traded. In the ETF category, only two funds registered trades in today\u2019s session as Morgan & Co Made In Zimbabwe was stable at $0.0100 on 14,650 units exchanging hands. <\/p>\n
In the same vein, Old Mutual Top 10 ETF was stable at $0.1100 as 2,250 units traded. The Tigere REIT was 5.11% higher at $0.6307 as 14,740 units traded in today\u2019s session.
\nefesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE advances further in Monday\u2019s trades\u2026 The ZSE market advanced further in Monday\u2019s trades as all the four indices we review closed pointing northwards. The All-Share Index was 0.25% higher at 94.24pts while, the heavy cap Index rose 0.49% to 92.23pts. The Agriculture Index was 0.38% firmer at 89.21pts while, the Mid cap Index added […]<\/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-3009","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\/3009","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=3009"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3009\/revisions"}],"predecessor-version":[{"id":3010,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3009\/revisions\/3010"}],"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=3009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}