By ETimes
For the third time this week, the Zimbabwe Stock Exchange closed in the positive region, rising by 2.76% at the close of trading on Thursday.
The market breadth was equally positive today, with a total of 18 advancers compared with six decliners.
Consequently, the mainstream ZSE All Share Index grew by 554.98 points to 20,643.02 points, while market capitalisation increased by $6.31 billion to $2.17 trillion from $2.11 trillion.
The Top 10 Index gained the most, up 3.43% to end at 13,147.52 points. EcoCash, Econet and Delta were up 7.69%, 7.48% and 6.89% to close at $52.64, $112.30 and $403.58 respectively.
On the contrary, Innscor suffered a loss of 2.28% to close at $676.99.
SeedCo Limited boosted the market’s outcome today with a rise of 10.22% to close at $84.79, while OK Zimbabwe rose by 8.33% to finish at $35.97. This saw the Medium Cap Index rise 0.92% to close at 38,219.67 points.
Other losses were recorded in Starafrica, Ariston and Mash Holdings which lost 2.18%, 1.77% and 0.45% to finish at $2.20, $3.93 and $9.16 in that order. Banking counter First Capital Bank fell 0.09% to close at $17.43.
Turnover for the day declined 23.44% to $459.9 million. Accordingly, investors traded a total of 3.32 million shares on Thursday worth $459.9 million executed in 286 deals.
Foreign investors were net sellers after disposing of $196.81 million against buys of $22,500.
Old Mutual ZSE TOP 10 ETF was $0.2113 up at $6.5423, Morgan & Co Made In Zimbabwe gained $0.0834 to $1.2234 and Datvest Modified Consumer Staples ETF recovered $0.0285 to $1.5002.
CASS Saddle Agriculture ETF remained flat at $1.800.
On the downside, Morgan & Co Multi Sector ETF retreated by $0.5000 to $22.0000.
TIGERE Real Estate Investment Trust gained $1.2900 to close the session at $48.4000 – Harare