{"id":3015,"date":"2024-05-17T08:57:58","date_gmt":"2024-05-17T06:57:58","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=3015"},"modified":"2024-05-17T08:57:58","modified_gmt":"2024-05-17T06:57:58","slug":"zse-market-commentary-16-may-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=3015","title":{"rendered":"ZSE Market Commentary 16 May 2024"},"content":{"rendered":"<p>ZSE slips into the red in penultimate session<\/p>\n<p>The ZSE market recorded losses in the penultimate session of the week as the All-Share Index lost 0.93% to 93.98pts while, the Blue-Chip Index fell 1.10% to 92.lOpts. The Agriculture Index remained unchanged at 90.21pts as the Mid Cap Index eased 0.49% to 96.67pts. Brick manufacturer Willdale Limited headlined the  shakers  of the  day  on a  25.10%  retreat to $0.0264,  followed  by  Proplastics  that  dropped  9.57%  to $0.4065.<\/p>\n<p>Retailer Ok Zim dipped 5.57% to close at $0.5000 while, Star Africa trimmed 3.52% to $0.0083. Beverage giant Delta capped the top five laggards of the day on a 2.17% slide to end the day pegged at $6.9463. Partially mitigating today&#8217;s losses was Ecocash Holdings that put on 0.36% to settle at $0.2350 . Hotelier RTG advanced 0.02% to end the day pegged at $0.2125 . The market closed with a negative breadth of seven as eleven counters recorded losses against four that gained.<\/p>\n<p>Activity aggregates enhanced in the session as volume traded ballooned 3,049.32% to 12.75m shares while, value traded grew 50,047.14% to $794.48m . The top volume drivers of the day were ART (54.90%} and Econet (39.86%).<\/p>\n<p>The threesome of Econet, ART and Delta dominated the total value traded after contributing a combined 94.66% of the outturn. A total of 30,028 unis exchanged hands in the ETF sect ion in Datvest MCS and Old Mutual ETF as they claimed 92.34% and 7.66% of the volumes traded apiece. No price changes were recorded in the ETF section. Tigere REIT ticked up 6.65% to $0.6346 while, the Revitus Property Opportunities shored up 2.29% to end at $0.2148 .-efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE slips into the red in penultimate session The ZSE market recorded losses in the penultimate session of the week as the All-Share Index lost 0.93% to 93.98pts while, the Blue-Chip Index fell 1.10% to 92.lOpts. The Agriculture Index remained unchanged at 90.21pts as the Mid Cap Index eased 0.49% to 96.67pts. Brick manufacturer Willdale [&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-3015","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\/3015","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=3015"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3015\/revisions"}],"predecessor-version":[{"id":3016,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3015\/revisions\/3016"}],"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=3015"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3015"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3015"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}