EFE Securities •

5 years ago •

Market Commentary

Market Comment -18.12.2018

Cassava Smartech became the top capitalised stock on the ZSE on its debut, having closed its first session at a vwap of $1.4928, trading a low of $1.1000 and a high of $1.5300. The fintech group eclipsed its parent company Econet and beverage group Delta whose respective market capitalizations of $3.78bn and $3.60bn in today’s session fell shy of the $3.87bn opening market cap for Cassava.