Over 80 million shares trade on ZSE

at about US$10 million traded.
Trades were mainly driven by gains in most heavyweight counters gaining 0,23 percent on Friday trading to end at 166,89 points.
However, the resources index lost a significant 4,87 percent compared to the previous week as mining counters traded flat during the week under review.
Hippo was the favourite counter for the day, going up US2,11c to US117,11c and Cafca gaining US2c to close at US58c. Aico Africa and TA pared a cent up at US19c and US17c respectively.
Blue chips took a knock on Friday as Econet shed US5c to close at US480c while Seed Co dropped US2c to settle at US128c.
Colcom retreated US1,02c to US44,98c, Meikles, on the back of the resignation of chairman Mr Farai Rwodzi, eased US0,60c to settle at US40c and Delta was slightly lower at US79,90c.
Steady gains on Friday followed a rebound in several heavily capitalised industrial stocks on Thursday, as the mainstream industrial index gained 0,32 percent to 166,50 points amid heavy foreign participation.
The value of trades rose 5,38 percent to US$1,8 million on 39 active stocks.
The top traded stock was agro- industrial concern Hippo in which over half a million dollars worth of shares exchanged hands
at US115c, which was a 2,68 percent premium to Wednesday’s price.
Tractive Power Holdings rallied 20,83 percent to its all-time high of
US14, 5c to lead the risers for the day and with it brought the year to date gains for the stock to 141,7 percent.
This leaves them third to only Fidelity and Cafca that are at the summit of the year to date top gainers list with cumulative gains at 445,5 percent and 250 percent.
starafrica and Turnall sealed the top five rises for the day with 9,57 percent and 8 percent to US1,03c and US13,5c.
Among the other notable fallers was Meikles that dropped 0,98 percent to US40,60c.
In mid-week trades positive gains were recorded in Meikles, Delta, Dairibord and Econet outweighed losses in 13 counters in a session characterised by mixed trades.
The mainstream index put on 0,11 percent to close at 165,97 points while the resources sector surged 0,92 percent buoyed by a 3,45 percent recovery in Rio at US145c.
Foreign inflows declined 4,33 percent to US$989 465 while outflows totalled a paltry US$33 300.
Total value traded stood at US$1,7 million, 8,59 percent lower despite a 13,39 percent growth in volumes traded at 25,3 million units, which was boosted by two special bargain trades in PGI and Starafrica.
Ten million units in starafrica exchanged hands among local investors at a price of US1c in a trade worth US$100 000 while 7,5 million units in PGI were also traded among local players at US2, 45c in a trade worth US$183 000.
PGI witnessed its heaviest trading in June as a total of 20,4 million shares exchanged hands in the first two weeks of the month against total year-to-date volume of 41 million shares.
The market only traded on the negative side on Tuesday easing 0,14 percent to 165,78 points while the resources sector traded 2,01 percent weaker at 189,52 points on losses in Hwange.
Life assurance group Fidelity broke new ground after a 10 percent rise to yet another all-time high of US12,1c that saw the group clock 450 percent gain since beginning of the year.
The market had opened the week in a positive mode putting on 0,42 percent to close at 166,01 points.
Minings shed off 2,93 percent to close at 193,40 points after Hwange eased US3c to US65c ahead of an extraordinary general meeting scheduled for June 30.

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