EFE Securities •

1 year ago •

Weekly Reports

WEEKLY REVIEW 27.10.2023

The market reversed prior week losses to end the month of September in the black as demand in selected counters began to firm in the week under review. The All Share Index charged 9.66% to settle at 126,642.42pts while, the Blue-chip Index recorded double digit gains of 15.78% to close the week pegged at 56,560.21pts buoyed by improvements in Delta and SeedCo. The Industrial index garnered 9.62% to settle at 406,761.26pts while, Mid Cap Index eked out 0.52% to end the day pegged at 498,045.42pts. Meanwhile, OK Zimbabwe released the much-awaited FY23 results in which the Group reported a PAT of $5.20bn despite facing challenges of wanning demand and high influx of informal markets.