• Mon. Jul 22nd, 2024

ZSE swing back into positive territory

ByEconomic Times

Apr 21, 2023

By ETimes

Zimbabwe Stock Exchange (ZSE) swung back into positive territory in midweek trade on renewed risk appetite for stocks.

Accordingly, the mainstream ZSE All Share Index rose 1.11% to close at 36,525.83 points while market capitalisation increased by $41.27 billion to $3.03 trillion.

Market breadth also closed positive with advancing issues outnumbering declining ones.

On the performance board Masimba topped the gainer’s list after their share price added 14.9% to close at $169.25 while SeedCo Limited recorded the most significant losses of the day having declined in share value by 7.5% to close at $185.00.

The Top 10 Index gained the most, up 1.16% to finish at 21,112.54 points.

The Medium Cap Index was up 0.97% to end at 78,992.24 points.

The Small Cap Index appreciated by 0.66% to close at 730,905.22 points.

Market turnover increased by 189.40% to $1.26 billion.

Ecocash led the volume chart with 1.57 million units while Delta led the value chart with deals worth $998.1 million.

Morgan & Co Multi Sector ETF was $1.7302 higher at $31.0000 while Cass Saddle Agriculture ETF added $0.0079 to close at $2.0079.

Morgan & Co Made in Zimbabwe ETF shed $0.1285 to $1.9115 whilst Datvest Modified Consumer Staples ETF shed $0.0405 to finish at $1.8195.

Old Mutual ZSE Top 10 was $0.1993 down at $9.3060.

Tigere REIT gave up $0.0102 to close at $50.6098.

On the VFEX Caledonia gained 8.97% to US$17.00 while Padenga added 2.95% to US$0.2196.

Innscor Africa Limited was down 8.22% to close at US$0.5502, Simbisa eased 0.23% to US$0.4190 and Axia lost 0.49% to US$0.1000 – Harare

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