• Mon. Mar 4th, 2024

Equities closes week positive, gains $1.08 trillion

ByETimes

Jan 6, 2024

By ETimes

The Zimbabwe Stock Exchange ended trading on a positive note Friday, as market capitalisation gained $1.08 trillion or 5.63% to close at $20.26 trillion, up from $19.18 trillion posted the previous day.

Market sentiment, as measured by market breadth, was positive, as 15 stocks gained relative to 6 laggards.

Accordingly, the mainstream All Share Index was up 5.59% to close at 253,617.96 points. The Top 10 Index rose 7.37% to settle at 113,877.95 points.

The Medium Cap Index went up 2.32% to end at 981,473.86 points.

The Small Cap Index was flat at 5,483,703.77 points.

Friday’s trading session ended with a total of 1.66 million shares valued at $1.69 billion that exchanged hands in 252 deals. The value of transactions increased by 423.41% to $1.69 billion.

Transactions in the shares of Delta topped the activity chart with 150 500 shares valued at $747.89 million.

Econet followed with 640 600 shares worth $647.3 million.

Cass Saddle Agriculture ETF added $0.2701 to $6.2163. Datvest Modified Consumer Staples ETF was $1.0000 up at $11.0000.

Old Mutual Top 10 ETF added $2.3828 to $42.9836.

Morgan & Co Multisector ETF and Morgan & Co Made In Zimbabwe traded unchanged at $515.0000 and $9.5000.

Tigere Real Estate Investment Trust added $10.5100 to $350.0000 and Revitus Property Opportunities remained flat at $400.0000.

On the VFEX, Padenga gained 2.85% to close at US$0.1800. Simbisa added 0.15% to US$0.3205.

First Capital Bank was the worst performer, down 5.21% to finish at US$0.0200. Innscor Africa fell 4.95% to close at US$0.4200-HARARE

By ETimes

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