• Sun. May 26th, 2024

Equities suffer 1.20% loss


Sep 25, 2023

By ETimes

The Zimbabwe Stock Exchange (ZSE) ended Friday’s trading session on a negative note.

Consequently, the ZSE All Share Index dipped by 1.20% to close at 115,490.04 points.

Market capitalisation increased by 5.30% to $9 trillion.

In the same vein, market turnover increased by 363.05% to $3.22 billion after 11.97 million shares exchanged hands in 174 trades.

Nampak was the toast of investors, as it traded 11 million shares valued at $2.2 billion, while Delta traded 481 000 shares worth $829.79 million.

The stocks have now fallen for 7 straight days as investors dump equities despite a spate of impressive earnings and dividend announcements from listed companies.

The Top 10 Index suffered the most, appreciating by 1.79% to end at 48,853.49 points.

The Medium Cap Index followed, plunging 0.32% to close at 495,489.82 points, while the Small Cap Index was flat at 2,282,585.59 points.

By ETimes

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