• Fri. Apr 19th, 2024

ZSE resumes after Easter with $2.78 trillion gain

By Stephen Chandisareva

HARARE – Trading on the Zimbabwe Stock Exchange (ZSE) resumed after the Easter holidays on Tuesday with a gain of 3.46% riding on a persistent bullish trend.

Market breadth closed positive with 16 gainers against 3 losers.

Surprisingly, it was miners affairs today as ZSE-listed stock RioZim and VFEX-listed stock Bindura appeared on the gainers table.

Accordingly, the mainstream All Share Index appreciated by 3.56% to close at 903,513.36 points.

In the same vein, market capitalisation increased by $2.78 trillion to $73.43 trillion from $70.64 achieved on Thursday.

The Top 10 Index was up 3.16% to finish at 410,596.59 points. The Medium Cap Index appreciated by 2.79% to 3,265,124.58 points.

The Small Cap Index was in red today, after slumping by 0.85% to 12,626,424.35 points.

Tuesday’s trading session saw 3.79 million shares valued at $14.73 billion being exchanged in 246 deals.

Datvest ETF garnered 14.99% to $38.5700. Cass Saddle Agriculture ETF was 10.08% higher at $9.9077. OML ETF added 3.02% to $170.0000.

On the VFEX, Bindura led the gainers pack, up 10% to close at US$.0110. First Capital Bank appreciated by 1.15% to end at US$0.0262. Axia followed, up 0.66% to settle at US$0.1208. Padenga appeared on the fallers table, losing 6.17% to finish at US$0.1640. Innscor Africa Limited shed 1.92% to US$0.4530.

By ETimes

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