• Tue. Apr 23rd, 2024

Equities market records marginal loss

ByEconomic Times

Apr 17, 2023

By ETimes

The Zimbabwe Stock Exchange recorded a marginal loss as the All Share Index (ASI) declined by 0.09% to close at 36,174.67 points.

Market capitalisation declined by $10,33 billion to $2.97 trillion.

The market breadth was positive, as 14 stocks gained relative to 5 laggards.

The Top 10 Index was off 0.24% to close at 20,710.73 points. Ecocash led the losers chart by 14.22% to close at $41.24. OK Zimbabwe plunged 1.41% to end at $60.22.

Conversely, BAT gained 6.73% to close at $3500.20 after declaring a full year dividend of $88.35 per share.

The Medium Cap Index was the only gainer, up 0.34% to close at 80,404.08 points.

Mash Holdings recorded the highest price gain of 12.24% to finish at $16.83. Starafrica was 5.24% higher at $1.70. Willdale appreciated by 2.55% to $3.62. Edgars added 1.96% to close at $26.00.

On the flip side, First Capital Bank eased 3.09% to close at $29.13. TSL lost 0.59% to $110.78. Tanganda depreciated by 0.13% to $339.51.

The Small Cap Index was flat at 667,784.84 points.

Market turnover declined by 44.27% to $754.01 million.

Morgan & Co Made In Zimbabwe ETF shed $0.0340 to $1.8900, Cass Saddle Agriculture ETF lost $0.0373 to close at $2.000 and Morgan & Co Multi Sector ETF declined by $4.0000 to close at $27.0000.

Datvest Modified Consumer Staples ETF added $0.0260 to finish at $1.8660 while Old Mutual ZSE Top 10 gave up $0.4570 to close at $9.5620.

Tigere REIT decreased by $0.2801 to $50.5301.

On the VFEX, Bindura added 4.18% to close at US$0.0199.

Innscor Africa Limited fell 3.92% to US$0.6070. Padenda slumped 0.15% to US$0.1997 – Harare

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