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The market continued to falter in Tuesday’s session as the primary All Share Index retreated 0.07% to close at 363.27pts. The ZSE Top Ten Index trimmed 0.14% to 373.49pts while, the ZSE Agriculture Index slid 0.44% to end at 238.59pts. Contrastingly, the Mid Cap Index grew 0.30% to close the day at 335.63pts. Spirit and wines maker AFDIS led the winners of the day on a 15.00% surge that took it to $13.3760.
Written by EFE Research
The ZSE market registered losses in the first session of the week as the All-Share Index retreated 0.23% to 363.54pts while, the ZSE Top Ten Index eased 0.30% to 374.01pts. On the contrary, the Mid Cap Index gained 0.19% to 334.64pts while, the Agriculture Index was stable at 239.64pts. Telecoms giant Econet was the sole loser of the day as it trimmed 1.08% to close at $9.0029. Partially mitigating today’s losses was ZSE Holdings that charged 14.99% to $0.8630 as ART Holdings followed on a 14.29% climb to settle at $0.2200.
The ZSE market weakened further in the last session of the week as the All-Share Index eased 0.10% to end at 364.36pts while, the ZSE Top Ten Index lost 0.50% to 375.12pts. The ZSE Agriculture Index inched up 0.98% to 239.64pts while, the Mid Cap Index grew 2.26% to 333.99pts. Headlining the winners of the day was ART that surged 14.93% to close at $0.1925. Trailing was FML which rose 10.53% to end pegged at $4.2000 on scrappy 100 shares.
The market slipped into the red in Thursday’s session as the primary All Share Index shed 0.10% to close at 364.74pts. The ZSE Top Ten Index retreated 0.11% to end at 377.00pts while, the Mid Cap Index went down 0.02% to 326.60pts. On the contrary, the ZSE Agriculture Index rose 0.10% to end the day at 237.32pts. Zimre Holdings Limited was the top decliner of the day having dropped 6.25% to $0.9000 while, Meikles succumbed 3.30% to settle at $2.9010.
Econet that is awaiting an EGM to delist from the ZSE, remained the main topical counter on the ZSE exchange as a negotiated block trade of circa 40m shares was executed at a price of $10.2900. The trade accounted for 94.88% of the volume traded and 95.61% of turnover traded. Total volumes traded surged by 3,254.56% to 42.24m shares while, turnover grew by 3,799.82% to settle at $431.22m.
The ZSE market maintained a positive momentum in Tuesday’s session as the All-Share Index put on 0.33% to 362.48pts while, the Blue-Chip Index firmed up 0.16% to 373.53pts. The Agriculture Index added 0.07% to 230.20pts while, the Mid Cap Index rose 1.28% to 330.52pts. Logistics group Unifreight headlined the top performers of the day on a 15.00% charge to $2.4265, followed by ZSE Holdings that rebounded 7.11% to $0.7500.
The market commenced the second week of the month in marginal gains with the mainstream All Share Index putting on 0.16% to 361.30pts. The ZSE Top Ten Index rose 0.06% to close at 372.92pts while, the ZSE Agriculture Index went up 0.28% to 230.03pts. The Mid Cap Index edged up 0.77% to close the day at 326.34pts. The top gainer of the day was Unifreight that charged 14.99% to close at $2.1100, followed by ART that jumped 13.04% to $0.1300.
The ZSE registered gains in the penultimate session of the week as the All-Share Index edged up 0.57% to 353.44pts while, the Blue-Chip Index added 0.50% to 364.18pts. The Agriculture Index rose 0.86% to 218.51pts while, The Mid Cap charged 1.00% to 322.53pts. Fidelity Life led the gainers of the day on a 14.29% jump to settle at $0.4000 with ART Holdings trailing on a 13.64% climb to end pegged at $0.1000.
The market concluded the week in gains as the primary All Share Index rose 2.06% to end at 360.71pts while, the ZSE Top Ten Index improved 2.34% to close 372.71pts. ZSE Agriculture Index was up 4.97% at 229.38pts while, the Mid Cap Index edged up 0.41% to 323.84pts. ART Corporation and BAT were the top gainers of the day after surging an identical 15.00% to close at $0.1150 and $192.9500 respectively.
ZSE market enhanced in the session as Econet released its delisting circular packaged in the form of a USD$0.1700 cash compensation and scrip of Econet InfraCo shares at the ratio of 1:1, worth USD$0.3300; InfraCo is expected to list on the VFEX following the approval by shareholders. Resultantly, the All-Share Index rose 3.49% to 351.43pts. The Top Ten Index went up 4.63% to 362.36pts while, the Agriculture Index gained 5.43% to 216.65pts.
The ZSE market declined further in the session as the All-Share Index pared off 3.36% to 339.59pts while, the Blue-Chip Index shed 3.93% to 346.34pts. The Mid Cap Index lost 0.12% to 328.13pts while, the Agriculture Index gained 0.05% to 205.50pts. Telecommunications company Econet led the fallers of the day on a 13.95% dip to land at $7.7358 with TN Cybertech trailing on a 3.93% retreat to $0.1207.
The ZSE market extended losses into the new month of February as the All-Share Index lost 1.31% to settle at 351.38pts. The Blue-Chip Index was 1.68% lower at 360.51pts while, the Agriculture Index was 0.43% down at 205.40pts. On the contrary, the Mid Cap Index was 0.84% firmer at 328.53pts. Leading the laggards of the day was Telecommunication group Econet that plunged 5.59% to $8.9904, having traded an intra-day low of $8.0945 on scrappy 500 shares.