The country has begun to record high Covid-19 positive cases, with some having as high as 27 in one town. This has led to doctors warning their patients of an imminent threat of a third wave. The wave is descending on the country as vaccinations have begun to go scarce with some centers redistributing their stock.
The government however assured the nation that a new shipment of vaccines will be in the country on the fifteenth of June.
On the trading front, the Zimbabwe Stock Exchange continued its recovery with a 1.23% rise, as the session yielded 24 gainers against 15 fallers. The Top 10 Index gained 1.08% to 3,147.55 points on Hippo which rose 9.50% to ZWL$154.9500. FBC appears on the fallers table after losing 1.71% to ZWL$28.0728.
As expected the Small Cap Index gained the most with 9.07% to 92,220.22 points. GetBucks put on 17.42% to ZWL$6.0000.
The Medium Cap Index added 1.07% to 14,892.65 points. Zimplow led today’s fallers with 19.66% to ZWL$8.1606. RTG, StarAfrica and TSL went up 18.11%, 16.68% and 10.97% to ZWL$2.3032, ZWL$1.0467 and ZWL$44.3860.
FML was down 6.25% to ZWL$30.0000. GB and Masimba lost 4.55% and 2.40% to ZWL$0.7559 and ZWL$35.2973.
The Mining Index eased 5.45% to 5,966.06 points on RioZim which lost 14.97% to ZWL$25.0000.
Turnover for the day stood at ZWL$128.51 million after 4.94mln shares – Harare