ZSE extend gains in Tuesday’s session…<\/p>\n
The ZSE extended gains in Tuesday’s session as the All-Share Index rose 0.96% to 112.15pts while, the Blue-Chip Index firmed up 0.65% to 116.39pts. The Agriculture Index went up 0.54% to 95.23pts while, the Mid Cap Index added 1.37% to 110.66pts. Spirit and wines distiller AFDIS headlined the top performers of the day on a 15.00% jump to $2.9900, followed by life assurer Fidelity that surged 14.95% to close at $1.1845. Proplastics climbed 13.44% to $0.6262 while, retailer OKZim charged 13..22% to settle at $0.5099. <\/p>\n
Tea producer Tanganda capped the top five winners of the day on a 4.97% uplift to $1.3200. In contrast, hotelier RTG eased 2.73% to $0.2432 while, Zimre Holdings Limited dropped 2.38% to end the day pegged at $0.3324. The market closed with a positive breadth of eleven as fifteen counters recorded gains against four that faltered.<\/p>\n
Activity aggregates faltered in the session as volumes traded dropped 10.43% to .08m shares while, turnover declined 74.03% to $624,909.83. Top volume drivers of the day were OKZim (38.26%), Ecocash (21.05%), Willdale (9.41%) and Proplastics (9.24%). The trio of OKZim, Delta and Econet contributed a combined 68.33% to the total value traded. The Morgan and Co Multi Sector ETF was the only fund to trade in the session as 350 units exchanged hands at a stable price of $0.4200. The Revitus REIT retreated 1.81% to close at $0.3305 while, the Tigere REIT tumbled 0.32% to end the day pegged at $0.6381.<\/p>\n
lnnscor highlights the session…<\/p>\n
lnnscor highlighted the session as 82,569 shares worth
\n$34,782 .84 exchanged hands in the name. The trade accounted for 89.01% of the total volumes traded and 85.15% of turnover. Volumes traded succumbed 88.13% to 92,766 shares while, turnover tumbled 85 .31% to $48,849.58<\/p>\n
The VFEX All Share Index lost 1.53% to 99.65pts. Apparel retailer Edgars led the laggards of the day on a 7.69% retreat to $0.0180 while, lnnscor slipped 7.24% to close at $0.4267. Fast foods group Simbisa capped the fallers of the day on a 0.09% drop to end at $0.3492 . Partially mitigating today’s losses was Zimplow that grew 19.33% to $0.0179, trailed by banking group First Capital that ticked up 0.91% to close at $0.0334. Padenga capped the winners of the day on a 0.63% lift to end the day pegged at $0.1600.-efesecurities-
\nBulls n Bears<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE extend gains in Tuesday’s session… The ZSE extended gains in Tuesday’s session as the All-Share Index rose 0.96% to 112.15pts while, the Blue-Chip Index firmed up 0.65% to 116.39pts. The Agriculture Index went up 0.54% to 95.23pts while, the Mid Cap Index added 1.37% to 110.66pts. Spirit and wines distiller AFDIS headlined the top […]<\/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-3108","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\/3108","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=3108"}],"version-history":[{"count":1,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3108\/revisions"}],"predecessor-version":[{"id":3109,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3108\/revisions\/3109"}],"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=3108"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3108"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3108"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}