ZSE takes a breather in mid-week session…<\/p>\n
The ZSE market took a breather in mid-week session as the primary All Share Index slipped 0.22% to 203.47pts while, the Blue-Chip Index lost 0.4i% to 213.03pts. The Agriculture Index went up 0.01% to 190.67pts while, the Mid Cap Index added 0.46% to 171.62pts. Zimre Holdings led the laggards of the day on a 12.26% retreat to $0.2720, followed by banking group CBZ holdings that dropped 2.99% to $15.0358. Telecoms giant Econet slipped 0.14% to $3.9942 as it closed heavily offered on board while, Meikles capped the fallers of the day on a 0.04% slide to end the day pegged at $7.4005. Partially mitigating today’s losses was Proplastics that surged 14.44% to $1.0300, trailed by Star Africa that edged up 10.63% to settle at $0.0100. Mashonaland Holdings advanced 10.48% to $0.3188 while, RioZim firmed up 5.53% to $0.9500. Banking group NMB completed the top performers of the day on a 3.77% uplift to end the day pegged at $2.2902. The market closed with a positive breadth of nine after fourteen counters recorded gains against five that faltered.<\/p>\n
Activity aggregates faltered in the session as volumes traded declined 36.63% to see 3.41m shares exchanged hands while, turnover succumbed 40.95% to $6.48m. The top volume drivers of the day were Ecocash (28.82%), Econet {27.02%), OKZim (24.42%) and Star Africa (9.31%). The duo of Econet and Delta claimed a combined 68.82% of the total value traded. A total of 78,021 units exchanged hands in the ETF section. Datvest ETF dropped 13.01% to $0.0300 while, Morgan & Multi Sector ETF ticked up 2.44% to close at $0.4200. OMIT ETF charged 2.59% to end the day pegged at $0.1800 after 1,000 units exchanged hands in the mid-week session. Tigere REIT traded 25,850 units flat at $1.0000 while, Revitus REIT trimmed 0.13% to close at $0.3446 on 11,170 units.-efesecurities
\nBulls n Bears<\/p>\n","protected":false},"excerpt":{"rendered":"
ZSE takes a breather in mid-week session… The ZSE market took a breather in mid-week session as the primary All Share Index slipped 0.22% to 203.47pts while, the Blue-Chip Index lost 0.4i% to 213.03pts. The Agriculture Index went up 0.01% to 190.67pts while, the Mid Cap Index added 0.46% to 171.62pts. Zimre Holdings led the […]<\/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-3152","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\/3152","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=3152"}],"version-history":[{"count":2,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3152\/revisions"}],"predecessor-version":[{"id":3154,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=\/wp\/v2\/posts\/3152\/revisions\/3154"}],"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=3152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ctrade.co.zw\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}