{"id":3013,"date":"2024-05-16T10:07:14","date_gmt":"2024-05-16T08:07:14","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=3013"},"modified":"2024-05-16T10:07:14","modified_gmt":"2024-05-16T08:07:14","slug":"zse-market-commentary-15-may-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=3013","title":{"rendered":"ZSE Market Commentary 15 May 2024"},"content":{"rendered":"<p>Delta anchors activity aggregates &#8230;<\/p>\n<p>Beverages concern Delta anchored the volume and value aggregates as 216,302 shares worth $1.54m exchanged hands. The trades represented 53.22% of the total volumes traded and 96.58% of the turnover.<\/p>\n<p>Other notable volume drivers of the day were Star Africa and Zimre Holdings with respective contributions  of  21.98%  and  14.82%. Volumes  declined 94.28% to 404,900 shares while, turnover dipped 83 .62% to $1,584,295.23. Cumulatively, 35,475 units worth $757.25 exchanged hands in three ETFs, with no price movement being registered on the bourse. The Tigere REIT ticked up 0.06% to<br \/>\n$0.5950 while, the Revitus Property Opportunities slipped 4.55% to $0.2100.<\/p>\n<p>Marginal gains were recorded on the bourse in mid-month trades as the All-Share Index put on 0.33% to 94.86pts while, the ZSE Top Ten Index charged 0.62% to 93.13pts. The ZSE Agriculture Index added 0.16% to 90.21pts while, the Mid Cap Index rose 0.94% to end pegged at 97.15pts. Gainers of the day were  led  by  First  Mutual  Holdings  that  jumped  8.04% to $1.9050 trailed by, Meikles that surged 4.55% to $2.3000. Hippo improved 0.85% to $3.5400 while, Econet advanced 0.74% to settle at $1.2593. <\/p>\n<p>Brick makers Willdale capped the top five winners of the day on a 0.28% lift to $0.0352. Partially mitigating today&#8217;s gains were losses in property concern FMP that succumbed 7.69% to $0.2400. Star Africa followed on a 4.41% tumble to $0.0086 as Ecocash trimmed 2.44% to end at $0.2341. OK Zimbabwe let go 0.09% to $0.5295 while, Delta retreated 0.02% to $7.1005 ahead of its analyst briefing this afternoon.<\/p>\n<p>VFEX All Share lnde>< tumbles...\nThe VFEX All-Share Index trimmed 0.89% to close at 98.89pts weighed down by First Capital, Axia and Padenga. Banking group First Capital lost 17.93% to trade at $0.0206 while, Axia shed 7.76% to $0.0701. Padenga retreated 3.67% to settle at $0.3495. \n\nlnnscor rose 1.81% to $0.4324 as African Sun stepped up 1.58% to $0.0641. Fast foods group Simbisa added 0.03% to $0.3495.\n\nActivity aggregates were depressed in the session as seen in volumes traded that dropped 9.14% to 1,414,532 shares while, value outturn plunged 90.13% to $62,065.25. Volume drivers of the day were First Capital, Axia and Padenga that claimed a combined 99.64% of the outturn. Value drivers of the day were First Capital, Axia and Padenga with respective contributions of 33.57%, 33.02% and 28.99%.\nefesecurities\n\n\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Delta anchors activity aggregates &#8230; Beverages concern Delta anchored the volume and value aggregates as 216,302 shares worth $1.54m exchanged hands. The trades represented 53.22% of the total volumes traded and 96.58% of the turnover. Other notable volume drivers of the day were Star Africa and Zimre Holdings with respective contributions of 21.98% and 14.82%. [&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-3013","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\/3013","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=3013"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3013\/revisions"}],"predecessor-version":[{"id":3014,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3013\/revisions\/3014"}],"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=3013"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3013"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3013"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}