• Sun. May 26th, 2024

ZSE opens week negative

ByEconomic Times

Mar 28, 2023

By ETimes

The Zimbabwe Stock Exchange opened the week still in a negative mood with the mainstream All Share Index losing 0.14% to close at 37,271.15 points.

The price depreciation was due to profit-taking sentiments.


 

Market breadth closed positive with 15 gainers, against 10 losers.

RioZim gained 11.58% to become the best performing stock in the session. It is flanked by FMP, Tanganda, NTS and Dairibord as they populated the top five gainers’ chart.

From the rear of the chart Nampak, Ecocash, Startafrica, First Capital Bank and African Sun populated the top five losers’ chart.

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The Top 10 Index closed in the opposite direction, save for Small Cap, Medium Cap and Mining Index.

Value of those traded stocks dipped by 99.66% in the session to stand at $2.62 million as against a value of $790.93 million recorded in the previous trading session.

Morgan & Co Multi Sector ETF gained $0.9500 to $29.1400 and Morgan & Co Made In Zimbabwe ETF traded $0.0541 higher at $1.9014. Other ETFs did not trade – Harare

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