adminAccording equities firm IH Securities the capitalization for ZSE, which has 76 active stocks, reached US$5,918 billion, setting a record in terms value and points tally since dollarisation.
This came on the back of an 82,5 percent increase in v0lumes to 7 million while value rose 290 percent to US$2,967 million. This followed gains in Starafrica, up 14,3 percent to US1,4 cents, OK 6,8 percent stronger at US23,4 cents, Seedco rose 6,1 percent to US66 cents as African Sun surged 5,3 percent to US1,6 cents while Zimplow rose 4 percent to close at US5 cents.
The mining index, comprising only four stocks, traded flat yesterday as investors still find little excitement about the local mining stocks despite the mineral price boom in recent times.
Yesterday’s gain on the industrial index followed a stellar 2,8 percent leap on Wednesday when the market inched past the 200 points mark on strong gains in low cap stocks.
Online Reporter