• Wed. Jun 12th, 2024

ZSE suffers $26,11bn decline

ByEconomic Times

Jun 22, 2023

By ETimes

The Zimbabwe Stock Exchange (ZSE) suffered a $26,11 billion decline on Wednesday. The mainstream ZSE All Share Index gained 0,21 percent to close at 168,302.32 points.

The Top 10 Index fell 1,37 percent to 95,375.96 points, while the market capitalisation depreciated by $26,11 billion to $13,7 trillion.

Market turnover stood at $6,38 billion in 264 trades.

Retail giant OK Zimbabwe was the worst performing stock, declining by 14,99 percent to close at $227,80. Meikles shed 14,85 percent to close at $1520,00.

Tanganda fell to $1299,69 losing 10,32 percent. Starafrica depreciated by 10,02 percent to end at $4,6115. Proplastics was off 2,17 percent to close at $450,00. OML ETF added 0,02 percent to end at $48,0000.

On the other hand, CAFCA and FBC led gainers, appreciating by 14,99 percent apiece to close at $764,20 and $948,00 respectively. Bridgefort jumped 14,72 percent to settle at $15.20. Unifreight went up 14,67 percent to $172.00. ZHL rose to $80,00, notching up 12,65 percent in the process.

Cass Saddle Agriculture ETF declined 14,42 percent to $4,1507. The Datvest ETF fell 1,55 percent to close at $13,1183. Morgan & Co Multi Sector ETF lost 0,28 percent to close at $140,1299. Morgan & Co Made In Zim ETF was flat at $6,4000. Tigere REIT eased 1,22 percent to $325,9604  – Harare

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