• Sun. May 26th, 2024

ZSE climb for ninth trading day

ByEconomic Times

Dec 6, 2022

By ETimes

The Zimbabwe Stock Exchange extended its winning streak to nine trading days on Friday, but liquidity remains low. The Delta share dominated trade activity, while activity in other counters was noticeably low.

Market breadth, which measures investors’ sentiment towards trade, was positive as 12 advancers reported against 7 losers.

The all-share index expanded 0.16% to 14,834.46 points, while market capitalisation rose to $1.66 trillion.

CBZ enlarged by 2.40% to end trade at $128.00. Delta rose to $245.00, notching up 1.66% in the process. Econet completed the top 5, climbing by 1.61% to $73.20. As a result, the Top 10 Index went up 0.80% to 8,672.55 points.

FML led the top gainers with a 4.35% climb to close at $24.00. OK Zimbabwe appreciated by 2.42% to close at $28.85.

The Medium Cap Index was off 0.95% to close at 33,287.86 points. Mash Holdings led losers, declining by 14.90% to close at $18.75. Masimba shed 6.67% to end trade at $70.00. ZHL fell to $4.30, losing 3.37%. Ariston slumped to $3.50, recording a 3.16% depreciation. ZB closed at $113.00, going down by 0.83%.

The Small Cap Index was flat at 472,431.36 points.

Market turnover declined 99.20% to $155.18 million.

Morgan & Co Multi-Sector gained 0.41% to $21.0870, while OML ETF gained 2.25% to $5.7132.On the other hand, Cass Saddle Agric ETF lost 9.37% to $1.8125. The Datvest ETF eased 1.42% to $1.6730 –  Harare

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