MARKET REPORT: Indices in upsurge as activity aggregates tumble

The primary All Share Index added 1,55 percent to close at 107.13 pts while, the Industrial Index gained 1,50 percent to end at 357.59 pts.

The ZSE Top Ten Index put on 2,01 percent to 109.56 pts spurred by gains in BAT, SeedCo and Delta. The resources index continued to post gains in the midweek session after advancing 2,63 percent to settle at 151.53 pts buoyed by RioZim which improved 3,85 percent to $1,3500.

Eleven counters gained while seven lost to set a positive market breadth of four. Driving the market gains for the day were cigarette manufacturer BAT which rose 15 percent to $23,0000, Ariston following after pulling 12 percent to $0,0168 and SeedCo that garnered 11,08 percent to settle at $2,4994.

Fidelity ticked up 4,06 percent to $0,0999 as 40,512 shares were traded in the counter. Cement manufacturers PPC and Lafarge led the decliners after shedding 3,23 percent and 0,74 percent to $1,5000 and $1,3500 while Masimba followed with a 0,34 percent loss to $0,0578.

FML slipped 0,33 percent to end at $0,1490 while retailer OKZim wrapped the top shakers list as it slumped 0,32 percent to $0,2193.