{"id":3011,"date":"2024-05-16T09:02:04","date_gmt":"2024-05-16T07:02:04","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=3011"},"modified":"2024-05-16T09:02:04","modified_gmt":"2024-05-16T07:02:04","slug":"zse-market-commentary-14-may-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=3011","title":{"rendered":"ZSE Market Commentary 14 May 2024"},"content":{"rendered":"<p>ZSE extends gains&#8230;<\/p>\n<p>The ZSE market extended gains in the second session of the week as the All-Share Index rose 0.32% to 94.55pts while,the Blue-Chip Index firmed up 0.35% to 92.55pts. The Agriculture<\/p>\n<p>gained 0.07% to 96.24pts . Seed producer SeedCo headlined the top performers of the day on a 9.46% jump to $1.5325 , followed by retailer OK Zimbabwe that surged 8.01% to close at $0.5300. Banking group CBZ advanced 2.78% to $3.7000 while, First Mutual Holdings climbed up 1.34% to end pegged at $1.7633.<\/p>\n<p>Sugar processor Hippo Valley completed the top five  winners  of  the  day  on  a  0.29%  uplift  to  $3.5100. Contrastingly, brick manufacturer Willdale led the laggards of the day on a 12.25% drop to $0.0351 while, Fidelity trailed on a  12.12%  retreat to settle  at $0.5800. <\/p>\n<p>Star  Africa  declined 9.09%  to  $0.0090  while,  Mashonaland  Holdings  trimmed 5.14% to $0.1316. Telecoms giant Econet capped the top five fallers of the day on a 0.12% slide to end the day pegged at $1.2500 . The market closed with a positive breadth of one as six counters recorded gains against five that faltered.<\/p>\n<p>Activity aggregates enhanced in the session as volumes traded ballooned 139.11% to 7.08m shares while, value outturn grew 117.61% to $9.67m. Econet highlighted the activity aggregates of the day after contribut ing 93.91% to total volumes and 85.87% to the value outturn. The other notable value driver of the day was Delta that accounted for 12 .92% of the outturn. <\/p>\n<p>A total of 4,968 units exchanged hands in the ETF section. Morgan and Co Multi sector ETF inched up 0.03% to close at $0.3800 while, the OMTT ETF exchanged 4,220 units flat at $0.1100. Tigere REIT eased 5.73% to end the day pegged at $0.5946 after 73,508 units exchanged hands in the session. \u2013efesecrities <\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE extends gains&#8230; The ZSE market extended gains in the second session of the week as the All-Share Index rose 0.32% to 94.55pts while,the Blue-Chip Index firmed up 0.35% to 92.55pts. The Agriculture gained 0.07% to 96.24pts . Seed producer SeedCo headlined the top performers of the day on a 9.46% jump to $1.5325 , [&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-3011","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\/3011","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=3011"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3011\/revisions"}],"predecessor-version":[{"id":3012,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3011\/revisions\/3012"}],"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=3011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}