By ETimes

The Zimbabwe Stock Exchange returned to gain on Wednesday as the mainstream index climbed 0.52%, almost completely wiping out the loss recorded at the preceding session, aided by gains in select mid-tier stocks.
 
Market breadth, which measures investor sentiment towards trade, was positive as 23 advancers reported against 12 losers.
 
Accordingly, the All Share Index expanded 0.52% to 10,901.94 points. The Index has seen a 0.74% gain year to date.
 
The Top 10 Index recovered 0.63% to 6,850.02 points. None of the heavyweight counters appeared on the performance table, which was led by FMP which added 11.52% to ZWL$7.50.
 
Brick maker Willdale traded up by 9.37% to close at ZWL$3.69. Clothing retailer Edgars followed with a 5.98% rise to settle at ZWL$4.87. Axia was 4.94% higher to ZWL$37.00. Afdis completed the top 5, climbing by 3.30% to ZWL$125.00.
 
As a result the Medium Cap Index was up 0.56% to 20,710.59 points.
 
On the other hand, ZHL was the worst performing stock, declining by 7.86% to end at ZWL$3.36. Nampak shed 7.75% to close at ZWL$11.00. Mash Holdings plunged 6.91% to ZWL$2.99. Logistics firm Unifreight eased 4.24% to ZWL$27.76.
 
GetBucks fell to ZWL$5.75, losing 4.16%.
 
The Small Cap Index gained 0.66% to settle at 410,821.79 points.
 
Econet was the toast of investors for the day as it made the most traded stock by volume and value at 612 100 shares and ZWL$52.02 million respectively. Delta followed with 303 300 shares worth ZWL$ 46.93 million – Harare

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