{"id":3062,"date":"2024-05-29T17:04:37","date_gmt":"2024-05-29T15:04:37","guid":{"rendered":"https:\/\/ctrade.co.zw\/?p=3062"},"modified":"2024-05-29T17:04:37","modified_gmt":"2024-05-29T15:04:37","slug":"zse-market-commentary-27-may-2024","status":"publish","type":"post","link":"https:\/\/ctrade.co.zw\/?p=3062","title":{"rendered":"ZSE Market Commentary 27 May 2024"},"content":{"rendered":"<p>ZSE records gains in week opening session.\u2022\u2022<\/p>\n<p>The ZSE market recorded gains in the week opening session as the All-Share Index firmed up 1.25% to 100.72pts while, the Blue-Chip Index added 2.66% to 101.9lpts. Contrastingly, the Agriculture Index lost 4.11% to 89.30pts while, the Mid Cp Index eased 1.31% to 98.94pts. <\/p>\n<p>Telecoms giant Econet headlined the top performers of the day on a 14.43% jump to $2.0645, followed by Star Africa that surged 12.93% to close at $0.0082. Fintech group Ecocash Holdings surged 7.88% to $0.1764 while, Proplastics ticked up 3.86% to close at $0.4355. Banking group ZB financial Holdings completed the top five winners of the day on a 2.70% uplift to settle at $1.9000. <\/p>\n<p>On the contrary, sugar processor Hippo led the laggards of the day on a 15.00% drop to $3.4000 while, retailer OK ZIM tumbled 14.90% to settle at $0.3830. Art slipped 8.88% to $0.0811 while, tea processor Tanganda retreated 8.23% to close at $1.7000 on scrappy 900 shares. Nampak completed the top five fallers of the day on a 5.00% decline to $0.3800. The market closed with a positive breadth of one after nine counters recorded gains against eight that faltered.<\/p>\n<p>Activity aggregates enhanced in the session as volumes traded ballooned 2,118.68%  shares while, value traded grew 147.97% to $2.67m. Econet anchored today&#8217;s activity after contributing 53.82% to the total volume traded and 45.25% to turnover. Other notable top value drivers of the day were Delta (35.16%), NMB (8.79%) and ZBFH (4.03%}. In the ETF section, Cass Saddle traded 1.22m units flat at $0.0080 while, OMTI ETF fell 0.35% to $0.1095. The Tigere REIT dropped 9.01% to $0.5914 after 33.21m units exchanged hands in the opening session. The Revitus REIT eased 0.01% to end the day pegged at $0.2200.-efesecurities<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ZSE records gains in week opening session.\u2022\u2022 The ZSE market recorded gains in the week opening session as the All-Share Index firmed up 1.25% to 100.72pts while, the Blue-Chip Index added 2.66% to 101.9lpts. Contrastingly, the Agriculture Index lost 4.11% to 89.30pts while, the Mid Cp Index eased 1.31% to 98.94pts. Telecoms giant Econet headlined [&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-3062","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\/3062","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=3062"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3062\/revisions"}],"predecessor-version":[{"id":3063,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3062\/revisions\/3063"}],"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=3062"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3062"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3062"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}