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EFE Securities

1 year ago

Weekly Reports

Weekly - 02.06.2023

The ZSE rising streak continued for the fifth consecutive week , reaching its all-time highs. The mainstream All share Index propelled up 17.48% for the week to close at YTD high of 112,615.44pts while, the Top Ten Index increased to 67,504.61pts on a 15.08% uplift. The Mid Cap Index and Industrial index expanded 25.98 % and 17.23% to 220,449.67pts and 363,938.77pts in that order. Elsewhere, on Tuesday H.E the President E D Mnangagwa proclaimed 23 August 2023 as the election date for the harmonised elections, on the same day the official RBZ Auction rate tumbled 36.5% to settle at US$1: ZWL 2,577.0564.