EFE Securities •

1 year ago •

Weekly Reports

Weekly - 20.01.2023

The ZSE succumbed to losses in the third week of the year despite gains recorded in the last two trading sessions. The All-Share Index retreated 1.44% to close the week pegged at 21,665.00pts while, the segregated Industrial index shed 1.45% to 71427.34pts. The Blue-chip Index was the major faller amongst the Indices as it slipped 3.42% to 13385.60pts weighed down by Innscor, Ecocash, Delta and Axia. On the contrary the Mid-Cap Index gained 4.00% to end at 43,608.44pts. Elsewhere, SeedCo Limited issued a cautionary advising shareholders and stakeholders that the board has approved its immediate delisting on the ZSE and relisting on the VFEX.