EFE Securities •

1 week ago •

Weekly Reports

WEEKLY REVIEW 08.10.20234

The ZSE recovered in the new month of October to see the mainstream All Share Index rebounding 3.30% to 252.81pts while, the Top Ten Index rose 3.59% to 271.77pts, mainly driven by the duo of banking groups in CBZ and NMB. The segregated Industrial Index charged 3.32% to end the week at 252.49pts while, the Mid Cap Index ticked up 10.41% to 211.82pts. Elsewhere, half year results for companies continued to trickle in during  the week under review with Fidelity registering a PAT increase of 135% to USD$5.2m while, Turnall  recorded a loss of USD$1.19m which  was a 90.1% increase from prior comparable period.