• Thu. Sep 21st, 2023

Stock investors gain $117.22bn after holiday

ByEconomic Times

May 3, 2023

By ETimes

The Zimbabwe Stock Exchange closed trading on Tuesday after the public holiday on a positive note with the market capitalisation improving by $117.22 billion.

The positive performance of the market was driven by price appreciation in large and medium capitalised stocks.

Accordingly, the ZSE All Share Index gained 2.92% to close at 42,599.78 points while market capitalisation increased by $117.22 billion to $3.59 billion.

The market closed positive with 17 gainers as against 9 losers.

The Top 10 Index gained 3.30% to close at 24,548.01 points while the Medium Cap Index gained 1.92% to close at 93,105.02 points.

The Small Cap Index was up 0.40% to 741,986.36 points.

Market turnover declined by 92.05% to $152.2 million in 238 trades.

Morgan & Co Multi Sector ETF added $0.6370 to close at $30.1370. Datvest Modified Consumer Staples ETF increased by $0.0097 to finish at $1.7616.

Morgan & Co Made In Zimbabwe ETF shed $0.0600 to $2.0000 whilst Cass Saddle Agriculture ETF remained flat at $2.0500.

Old Mutual ZSE Top 10 lost $0.7611 to $8.7344.

Tigere REIT shed $0.0598 to close at $50.4502 – Harare

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