By ETimes
The ZSE All Share Index gained one percent to close at 43,026.94 points.
CBZ led gainers, appreciating by 15 percent to close at $253,00. TSL jumped 14,93 percent to end at $117.80. Ariston went up 9,24 percent to $11.00. OK Zimbabwe rose to $61.96, notching up 6,32 percent in the process.
First Capital Bank added 0,95 percent to end trade at $36.93.
Proplastics was the worst performing stock, declining by 3,98 percent to close at $169.95. FMP shed 2,53 percent to close at $19.54.
Starafrica fell to $2.30, losing 2,19 percent. Dairibord slid to $139.09 recording 0,93 percent depreciation. EcoCash eased 0,73 percent to close at $69.99.
Old Mutual ZSE Top 10 recovered $0.5406 to $9.2750 and Datvest Modified Consumer Staples ETF increased by $0.2085 to close at $1.9701. Morgan & Co Multi Sector ETF. Morgan & Co Made In Zimbabwe ETF and Cass Saddle Agriculture ETF remained flat at $30.1370, $2.0000 and $2.0500 respectively.
Tigere REIT ticked $0.0010 up to close at $50.4510.
Oil prices extended losses on Wednesday after plunging 5% in the previous session, as investors fretted about the health of the US economy ahead of an expected Federal Reserve interest-rate hike later in the day.
Brent futures fell US$1.07, or 1.4%, to US$74.25 a barrel, while West Texas Intermediate (WTI) crude fell US$1.15, or 1.6%, to US$70.51.
Gold prices held steady above the key US$2,000/oz level on Wednesday, while investors turned their attention to the US Federal Reserve’s interest rate decision due later in the day.
Spot gold held its ground at US$2,017.54/oz after rising more than 1% in the previous session, as yields dropped on the renewed fear of contagion in the US banking sector.
US gold futures were up 0.2% at US$2,026.50/oz and spot silver dipped 0.3% at US$25.32/oz whilst platinum fell 0.5% to US$1,060.16, and palladium gained 0.6% to US$1,437.33 – Harare