Market Commentary 17 June 2022
The All-Share Index lost 493.19 points (2.07%) to settle at 23,279.52 points.
The largest losses were recorded in ECONET WIRELESS (ECO.zw) which was
down by $19.4159 to settle at $207.1559. DELTA CORPORATION (DLTA.zw)
dropped by $4.8930 to close at $381.3420 and AXIA CORPORATION
(AXIA.zw) was $4.8074 weaker at $123.0170. OK ZIMBABWE (OKZ.zw) eased
$4.4866 to $49.9500 and INNSCOR AFRICA (INN.zw) was $3.7031 lower at
$514.4132
Losses were offset by gains in HIPPO VALLEY ESTATES (HIPP.zw) which was
up by $21.7471 to end at $394.9500, RIOZIM LIMITED (RIOZ.zw) rose by
$3.3333 to settle at $113.3333 and NMBZ HOLDINGS (NMBZ.zw) was $2.0830
stronger at $30.0000. Two more counters to gain ground were
MASHONALAND HOLDINGS (MASH.zw) which was $0.9007 up at $7.1445
and FIRST CAPITAL BANK (FCA.zw) gained $0.4239 to close at $12.6765