Heavyweight counters lead ZSE rally

The Zimbabwe Stock Exchange rallied again yesterday with all indices closing the day in the positive territory.

 

The gains so the ZSE Market capitalisation close the day at $198 billion (US$2.38 billion) but is still below the year high of $228 billion (US$2,74 billion). 

 

The ZSE All Share Index closed the day 4,96 percent firmer at 1,574.12.

 

Heavyweight counters led the rally with the ZSE Top 10 index gaining 6,65 percent to 1,087.24.

 

This was on the back of gains in big cap counters Delta up 16,17 percent to $25,24, Innscor up 11,93 percent to $21,36 and FBC up 19,19 percent to $9,50.

 

However, Unifreight was the day’s top riser with a 19,91 percent gain to close at $12,95.

 

In total 25 counters closed positive while only 4 were negative.

 

Star Africa was the day’s biggest loser down 4,85 percent to 17,08 cents.

 

Padenga, ZB Financial Holdings, and Turnall were the other losers.

 

More than $67,4 million was invested on the day with the bulk amounting to $17,9 million going into Innscor.

 

Edgars and Delta also got a sizeable chunk of $8,3 million and $7,2 million respectively.

Related Posts

LIVE: Independence Day Main Celebrations in Maphisa, Matabeleland South Province

Welcome to our Live Blog from Maphisa Stadium, Matabeleland South Province. As Zimbabwe marks its 46th Independence anniversary today, the dusty plains of Maphisa have come alive, carrying more than…

WATCH: President Mnangagwa arrives in Bulawayo for Children’s Party in Maphisa

Peter Matika, [email protected] President Mnangagwa has arrived in Bulawayo en route to Maphisa, where he is expected to preside over the pre-Independence Children’s Party at Mahetshe Primary School. President Mnangagwa…

Leave a Reply

Your email address will not be published. Required fields are marked *

×
×