• Thu. May 9th, 2024

ZSE opens week negative as ALSI index sheds 0.68%

ByETimes

Jul 26, 2023

By ETimes

The Zimbabwe Stock Exchange (ZSE) trended southwards on Monday when it opened the trading week marginally lower, as the mainstream index depreciated by 0.68% to close at 119,632.83 points.

Market breadth was negative after recording 16 decliners against 8 gainers.

In the same vein, the Top 10 Index was off 1.74% to close at 54,929.00 points, while market turnover declined by 76.11% to $1.2 trillion.

Conversely, market capitalisation rose 0.82% to $9.48 trillion.

On the VFEX, African Sun led gainers with a 15% gain to close at US$0.0406. BNC went up 4.13% to close at US$0.0151. Innscor Africa Limited was 0.22% higher at US$0.4375.

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Simbisa added 0.08% to finish at US$0.3390.

On the flip side, Padenga eased 6.97% to close at US$0.1788. SeedCo International was off 2.11% to close at US$0.2545.

OML ETF was the only gainer, up 0.02% to close at $24.0000.

On the other side of the coin, Morgan & Co Made in Zim ETF fell 14.92% to close at $5.8100. Datvest ETF was 7.22% lower at $8.3258.

Tigere REIT lost 8.90% to end at $200.0000 – Harare

By ETimes

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