THE ZSE/ VFEX TODAY: ZSE firmer on Tuesday

ZSE firmer today

HARARE, The ZSE traded firmer today with most indices reducing the losses from previous sessions. The Mining Index gained 19.30 points, the Top Ten Index added 2.47 points and the benchmark All Share Index was up by 15.49 points. First Mutual Properties and Getbucks were the biggest gainers adding 20% whilst Dawn Properties was the biggest loser after easing 11.53%. The market breadth was slightly weak as 18 stocks traded negative against 16 advancers. Turnover came in at ZWL 42.7 million from 5.6 million shares. There were no trades on VFEX. Imara Capital.

EQUITY MARKET INDICES

All Share 2,472.70 0.63%
Top 10 1,512.51 0.16%
Mining 3,828.58 0.51%

Market Updates/ Corporate announcements

Dairibord gives further cautionary indicating that it is still in discussion with an unlisted entity Dendairy, for a merger and acquisition transaction. This will have a material impact on shares of the company if successful, as a result, shareholders are advised to exercise caution when trading.