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Daily Pricesheet
ZSE in double digit gains despite limited capital inflows into the market … The market recorded double digit gains in the month under review despite limited capital inflow, with majority of the trades being switches. The All-Share Index was 24.04% up at 157,083.06pts extending its YTD gains to 705.81% while, the Blue-Chip Index advanced 24.23% to settle at 70,266.63pts mainly anchored by CBZ, SeedCo and Meikles. The Mid Cap Index was 25.09% firmer at 622,991.45pts pushing its YTD gains to 1600.19% while, the Agriculture Index was 7.45% higher at 557.57pts.
Written by EFE Research
ZSE retreats in the month of February as profit taking in selected heavies set in… The ZSE reversed prior months’ gains in February as the All-Share Index retreated 3.16% to 525,570.76pts, mainly weighed down by heavies that experienced selling pressure and the cautionary stance taken by market players awaiting announcement of the monetary policy. The Blue-Chip Index was 4.29% lower at 235,643.91pts as Delta, Econet and Meikles mainly traded in the negative territory during the month while, the Agriculture Index parred off 6.72% to end at 1,401.85pts. On the contrary, the Mid Cap Index jumped 15.53% to settle at 2,092,048.38pts as sellers in heavy cap counters switched into mid-cap counters. The ETF Index was 22.16% higher at 7,168.70pts.
The ZSE closed the month of March in the black as it reversed prior months losses to post double digit, mainly propelled by heavy cap counters. The market was mainly driven by inflow of funds from players who seek to hedge currency depreciation, as the local unit was losing value at an average of 2% per day.
MARKET REVIEW… ZSE recovers in the month of May The ZSE market recovered in the month of May as market participants warmed up to the use of the new currency liquidity challenges in the economy. The mainstream All-Share Index put on 2.27% to close the month at 101.07pts while, the ZSE Top Ten Index firmed up 5.76% to 102.39pts. The Agriculture Index shed 8.09% to end the month 85.99pts with the Mid Cap Index trimming 3.58% to 100.18pts. The ETF Index added 2.27% to settle at 101.07pts.
Moderate gains in the month of August… The ZSE recorded meagre gains in the month under review, with three of the five indices under our review recording gains while, two ended in the red. The primary All Share Index put on 1.19% to close at 200.49pts extending its YTD gains to 100.49%. The ZSE Top Ten Index improved 0.70% to 207.53pts while, the Agriculture Index was the top gainer of the month on a 3.68% rise to 188.70pts. The Mid Cap Index declined 0.74% to end pegged at 171.61pts while, the ZSE ETF Index shed 0.58% to close at 135.24pts.
ZSE jumps 21.41% in September… The market closed the month of September in the positive as gains in selected heavies buoyed the ZSE. The mainstream All Share Index edged up 21.41% to end at 243.41pts while, the Blue-Chip Index jumped 25.26% to end at 259.95pts. The Agriculture Index went up 14.06% to end the month at 215.24pts while, the Mid Cap Index rose 12.22% to end at 192.59pts. ZSE ETF Index jumped 36.12% to close at 184.08pts as its YTD gains widened to 84.08%.
