eBusiness Weekly
Business Writer
The All-Share Index retreated by 322.01 points, representing a loss of 2.03 percent in the day to close at 15,532.71 points.
All the other indices bar the small cap index, closed with losses as investors cashed on heavyweight stocks rally for the past four sessions.
National Foods Limited reversed yesterday’s gains by dropping $123.0000 to close the day at $1,900.00 as investors move to take profit on dividend demand.
Sugar manufacturer and refiner, Hippo Valley, eased $35.9542 to close at $275.0458 as conglomerate Innscor was $21.7870 weaker at $308.2753 on profit taking as well.
Spirits and wine manufacturer, AFDIS, also decreased by $13.7733 to $231.2267 as logistics firm Unifreight lost $5.0000 to close the session at $28.0000.
Trading in the positive was Meikles that added $4.8883 to $144.9977 and its unbundled firm Tanganda that rose by $4.8486 to $89.8634.
Agro company TSL, was $1.0500 stronger at $111.0500 as Fidelity Life increased its share price by $1.0000 to close at $13.0000.
Diversified digital firm, Zimpapers was $0.3929 firmer at $2.8000.
Derivatives were mixed during trading hours as the Old Mutual ZSE TOP 10 lost $0.2314 to $8.9818, and the DATVEST Modified Consumer Staples ETF retreated by $0.0243 to $1.6649 whilst the MORGAN & CO Multi-Sector ETF was the only riser as it rose by $0.2975 to $14.0041.
