Stocks close week on a high

A total of $4,8 billion traded on ZSE depository in Q1

THE Zimbabwe Stock Exchange closed the week in the positive as heavyweight counters continue to dictate pace on the market.

The All-Share Index added 2,52 percent on Friday to close at 14 870,68 points, while the Top 10 Index was up by 2,97 percent at 9 868,52 points.

Leading the risers in this week’s final trading session was Unifreight, which was up by 20 percent to close at $33,60 per share.

Offsetting the gains were losses in Mashonaland Holdings and First Mutual Holdings, which shed 10,10 percent and 9,48 percent respectively.

The Old Mutual Top 10 Exchange Traded Fund lost 6,4 percent to close at $7,47, while the Morgan and Co Multi Sector Fund traded 0,15 lower at $13,98. The Datvest Modified Consumer Staples Index Exchange Traded Fund was down by 3,77 percent at $1,67.

On the Victoria Falls Stock Exchange, Bindura Nickel Corporation was the only mover, losing 0,36 to close at 5,49 U.S cents.


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