Market Commentary 22 June 2022

The All-Share Index was down by 433.19 points (1.91%) to settle at 22,229.73
points. The largest losses were recorded in BRITISH AMERICAN TOBACCO
(BAT.zw) which dropped $60.0000 to close at $3,600.0000, INNSCOR
AFRICA LIMITED (INN.zw) traded $29.0723 lower to end at $477.8099 and
SEEDCO LIMITED (SEED.zw) was down by $23.9391 closing at $196.0609.
RIOZIM LIMITED (RIOZ.zw) lost $13.6500 to $96.3500 and ECONET
WIRELESS LIMITED (ECO.zw) eased $7.4813 to $190.0800
Gains were recorded in CBZ HOLDINGS LIMITED (CBZ.zw) which gained
$6.3561 to end at $123.5061, TSL LIMITED (TSL.zw) traded $6.0000 higher to
settle at $126.0000 and GETBUCKS MICROFINANCE (GBZW.zw) was
$1.0000 stronger at $16.0000. Two more counters to gain were SIMBISA
BRANDS LIMITED (SIM.zw) which rose by $0.7464 to $224.4845 and FIRST
CAPITAL BANK (FCA.zw) was up by $0.5500 to close at $12.569