EFE Securities •

7 months ago •

Weekly Reports

WEEKLY 10.11.2023

The ZSE extended its gains into the second week of November spurred by Heavy and Mid cap counters that recorded increased activity as reporting season ensues. The All Share and the Industrial Index garnered a similar 7.97% to see the former settle at 173,883.74pts and the latter at 558,671.89pts. The Blue-Chip Index was 7.09% firmer at 76,606.36pts mainly anchored by Delta and Econet while, the Mid Cap Index gained the most among the indices we review as it charged 9.95% to close the week pegged at 713,116.49pts.  Meanwhile, the top capitalised counter Delta reported an impressive set of results for the interim period to 30 September 2023 as they posted a profit of $338.78bn and declared an interim dividend of US 1cent.