ZSE closes in red in mixed trading

12 Jan, 2021 - 00:01 0 Views
ZSE closes in red in mixed trading

eBusiness Weekly

Business Writer
Stock market investors continued to sing the blues on Monday with most indices on the Zimbabwe Stock Exchange closing in red.

By the close of trading, the ZSE All Share Index had lost 1.15 percent to 2 457.20.

The Top 10 Index was the biggest loser down 1.32 percent to 1 510.04.

This was after blue chip CBZ dropped 11.8 percent to $75. CBZ is down 11.8 percent since the start of the year.

Econet was also another big can counter to fall shedding 0.21 percent to $8.09.

TSL was however the day’s biggest loser down 15.66 percent to $14.

A total 15 counters closed in red.

The market was however not short of losers with Delta ending the day as the top riser up 6.58 percent to $24.91. Delta is up 5.9 percent since the start of the year.

A total 14 counters closed positive.

Turnover for the day amounted to just above $36 million with the bulk of $9.6 million going into Econet. Cassava and Padenga got roughly $5 million each.



Stanbic Bank Zimbabwe, is a subsidiary of the South African-headquartered banking group, Standard Bank.

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