• Tue. Apr 23rd, 2024

ZSE opens week in the green

ByEconomic Times

May 23, 2023

By ETimes

The Zimbabwe Stock Exchange (ZSE) recorded a gain of 1.73% on Monday, with 20 equities closing in green and 5 shares closing in red.

Investors exchanged 2,63 million shares valued at $1.96 billion in 293 deals during the trading hours of Monday. Delta was the most traded stock, with 342 500 shares valued at $660.55 million. Followed by BAT with 88,200 shares worth $476.83 million.

At the close of transactions, the All-Share Index (ASI) increased by 1,436.05 points to close at 84,655.77 points, while market capitalisation surged by $117.36 billion to $7.03 trillion.

The Top 10 Index was up 1.08% to close at 51,656.83 while the Medium Cap Index jumped 4.05% to close at 155,927.55 points.

The Small Cap Index was flat at 956,865.31 points.

On the VFEX, African Sun gained the most, up 1.57% to close at US$0.0776. Innscor Africa Limited was up 0.74% to end at US$0.5000. SeedCo Limited and Padenga were up 0.14% and 0.13% to settle at US$0.2700 and US$0.2200 respectively.

Axia was the worst performing stock, down 3.06% to close at US$0.0950. First Capital Bank Limited plunged 1.25% to close at US$0.0395. Simbisa fell 0.52% to close at US$0.4003.

Morgan & Co Made In Zim ETF went up 8.61% to close at $3.2797. OML ETF garnered 3.05% to end at $17.0350. Morgan & Co Multi Sector ETF rose 1.72% to $46.0175.

In the red, the Datvest ETF was off 1.27% to close at $4.7383 – Harare

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