author

EFE Securities

5 years ago

Market Commentary

Market Comment -21.05.2019

The market remained upbeat in Tuesday to see the benchmarks extend gains, as the primary All share Index closed with a positive YTD return of 0.5%. For the day the All Share Index grew 0.78% to 146.97pts while, the Industrials went up 0.76% to 491.08pts. The ZSE Top Ten Index gained 0.87% to end pegged at 139.33pts buoyed by telecoms giant Econet which rose 8.67% to $1.2001, Padenga which garnered 3.79% to $1.3000, Cassava that improved 1.78% to $1.1413 and CBZ that rose a 0.54% to $0.2815.