By ETimes
The Zimbabwe Stock Exchange ended Tuesday’s trading session in negative territory. The mainstream ZSE All Share Index closed at 9,848.30 points, down 1.34%.
A negative market breadth was recorded as 16 losers emerged against 7 gainers.
The Top 10 Index was off 1.50% to 5,329.56 points. NatFoods fell 9.09% to close at $1000.00. BAT followed, slumping by 8.44% to $1790.00. Banking counter CBZ eased 6.87% to $139.70. CBZ was the most actively-traded stock today after contributing $37,940,040 to market turnover.
Conversely, Axia added 7.17% to close at $24.94 while Econet rose 4.81% to end at $57.98.
Mid-tier stock FMP was the best performing stock today. The stock gained 13.33% to finish at $5.10. Proplastics also gained 12.85% to close at $18.00. Property firm Mash Holdings rounded off the top five gainers for today. The stock climbed up 3.64% to $5.70. As a result, the Medium Cap Index recovered 23.58% to close at 25,505.83 points.
On the flip side, hotelier African Sun was the worst performing stock, declining by 11.86% to close at $11.26. Brick maker Willdale also fell by 6.65% to close at $1.71.
Turnover for the day was down 66.59% to $93.26 million. In the same vein, market capitalisation declined by 12.79 billion to $1.19 trillion.
On ETFs, the Cass Saddle Agric went up 11.73% to close at $2.0000 while the Morgan & Co Made in Zim garnered 0.21% to close at $1.2192. The Morgan & Co Multi-Sector was flat at $26.5000.
In the red, Datvest shed 1.92% to $1.3765. The OM ZSE Top-10 lost 5.22% to close at $3.5158 – Harare