EFE Securities •

7 years ago •

Market Commentary

Market Coment 10.04.2017

Value and volumes for the day ballooned on the back of a chunk of ZPI shares where 15.28m shares exchanged hands a stable price of $0.0100. The trade enhanced today’s turnover to $0.44, though it remains below the $1m psychological level. Overall aggregate activity improved on the market with volumes surging 4.483% to 19.71m shares as ZPI accounted for the bulk at 77.53% while Axia and FBC claimed respective contributions of 9.75% and 6.13%. Values of the day were anchored by ZPI Axia and FBC again which contributed a combined 87.59% of the value outturn. The foreign play was depressed as only inflows of $0.04m were registered with a nil position in disposals resulting in a net funds inflow position.