• Sun. Apr 14th, 2024

ZSE sustains bullish trend, gains $33.65bn

ByEconomic Times

Dec 17, 2022

By ETimes

It was yet another bullish session on the floor of the Zimbabwe Stock Exchange (ZSE) on Friday as the uptrend continued to the delight of investors.

At close, the mainstream ZSE All Share Index gained 2.16% to close at 15,342.97 points.

Similarly, the market capitalisation of all listed equities increased by $33.65 billion to $1.61 trillion from $1.57 trillion in the previous session.

The Top 10 Index was up 2.39% to close at 8,964.41 points.

FMP recorded the highest price gain of 15% each to close at $11.50 while Axia followed with a gain of 14.95% to close at $99.57. Ariston garnered 12.21% to close at $3.81. NMB rose 11.24% to end at $33.37. OK Zimbabwe appreciated by 7.26% to finish at $30.00.

The Medium Cap Index climbed up 2.12% to trade at 34,606.61 points.

On the flipside, ART suffered a decline of 13.49% to $11.33. First Capital Bank lost 5.18% to $10.36. SeedCo was down 4.15% to close at $69.10. Zimplow fell 3.07% to $16.00. Starafrica plunged 2.89% to $1.40.

The Small Cap Index remains flat at 439,214.75 points.

Market turnover declined from yesterday’s $472.67 million to $306.40 million.

Morgan & Co Multi Sector ETF lost 0.21% to $23.9500 while the CASS Saddle Agriculture ETF eased 1.11% to $1.7800. Conversely, OLD Mutual ZSE TOP 10 gained 0.22% to $5.4527 – Harare 

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