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Waning demand seen across the board continued to drag down the ZSE to see the primary All Share Index declining a further 2.77% to 187,499.78pts while, the Blue-Chip Index succumbed 3.65% to 77,127.43pts.
Written by EFE Research
The market rebounded from prior session losses as the primary All Share Index gained 2.39% to 191,984.72pts while, the Blue Chip Index added 3.38% to 79,734.20pts.
The market extended gains in midweek session as the primary All Share Index rose 1.49% to 194,835.76pts while, the Blue-Chip Index added 1.63% to 81,033.88pts.
Post-holiday trading sees the ZSE extend gains… The market extended gains post holidays, firming up 0.75% to 200,279.18pts as investors continued to clear remaining balances in their accounts. The Blue-Chip Index was 0.83% firmer at 84,410.99pts while, the Agriculture Index was 0.73% up at 627.38%. The Mid-Cap Index added 0.60% to 898,295.26pts. Headlining the gainers list of the day was National Tyre Services that garnered 100% to settle at $49.4000 only to be restricted by the circuit breakers. Property concern First Mutual put on 14.99% to end pegged at a VWAP of $321.9839 while, sugar processor Star Africa was 14.31% higher at $6.1000.
ZSE advances in penultimate session of the year… The ZSE continued to advance in the penultimate session of the year as the primary All Share Index advanced 1.38% to 203,036.28pts.
ZSE caps the year 2023 in the black… The ZSE capped the year 2023 in the black anchored by selected heavies that buttressed prior session gains.
ZSE extend gains in new year opening session… The market stretched gains into the opening session of 2024 as the primary All Share Index added 1.40% to 213,789.52pts while, the Blue-Chip Index gained 2.00% to 91,886.78pts. The Agriculture Index rose 0.19% to 627.954pts while, the Mid Cap Index firmed up 0.62% to 926,216.74pts. Cable manufacturer CAFCA led the top performers of the day on a 14.98% jump to end at a $3,846.0000while, life assurer Fidelity surged 14.89% to $270.0000. Conglomerate Meikles climbed 12.27% to $1,400.0000 while, sugar processor Hippo advanced 12.27% to $2,100.0000. Fintech giant Ecocash fastened the top five gainers list of the day on a 8.29% uplift to $190.78000.
Resurgent demand in heavies lift the market in Wednesday’s trades… The market-maintained gains into the second session of the year to see all the four indices under our review closing pointing northwards.
The market extended the bullish trend in Thursday’s session to see the primary All Share Index ticking up 7.70% to 240,181.46pts while, the Blue-Chip Index firmed up 9.97% to 106,064.36pts.
Bulls continued to dominate in Friday’s trades, as the primary All Share Index surged 5.59% to 253,617.96pts. The Blue-Chip Index firmed up 7.37% to 113,877.95pts anchored mainly by gains in Delta, CBZ and Econet.
ZSE commences new week in marginal gains… The ZSE maintained its positive momentum in the week opening session as the mainstream All Share Index went up 0.83% to 255,730.17pts.
The positive trajectory on the bourse continued in Tuesday’s session to see the primary All Share Index closing 0.76% higher to 257,680.91pts while, the Blue Chip Index gained 0.65% to 115,331.78pts.