Market Commentary 1 July 2022

The All-Share Index continued on a bearish trend after losing 799.12 points(3.88%) to close at 19,791.94 points. BRITISH AMERICAN TOBACCO LIMITED(BAT.zw) led the shakers after it dropped by $525.0000 to close at$2,975.0000, INNSCOR AFRICA LIMITED (INN.zw) retreated by $16.2518 toend at $400.3179 and ECONET WIRELESS LIMITED (ECO.zw) fell by $13.4327to close at $160.9707. DELTA CORPORATION LIMITED (DLTA.zw) lost afurther $10.5952 to finish the session at $340.9864 and SEEDCOINTERNATIONAL LIMITED (SEED.zw) was $9.5209 lower at $170.5102.The movers were led by ZB FINANCIAL HOLDINGS LIMITED (ZBFH.zw)which added a further $11.0000 to $88.0000, FBC HOLDINGS LIMITED(FBC.zw) surged $5.0000 to close at $75.0000 along with UNIFREIGHTAFRICA LIMITED (UNIF.zw) which advanced by $2.6000 to $33.0000. Twomore counters to gain ground were EDGARS STORES LIMITED (EDGR.zw)which increased by $0.7600 to settle at $5.8600 and HIPPO VALLEY ESTATESLIMITED (HIPO.zw) which rose by $0.3614 to close at $276.0000.

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Market Commentary 30 June 2022

The All-Share Index retreated by 574.97 points (2.72%) to close at 20,591.06points. INNSCOR AFRICA LIMITED (INN.zw) led the shakers after it droppedby $17.8024 to close at $416.5697, SIMBISA BRANDS LIMITED (SIM.zw)eased $16.0970 to end at $199.8731 and CBZ HOLDINGS LIMITED (CBZ.zw)was $15.7445 weaker at $171.1429. DELTA CORPORATION LIMITED(DLTAA.zw) also decreased by $7.5236 to close at $351.5784 and DAIRIBORDHOLDINGS LIMITED (DHL.zw) was $7.3391 lower at $41.7500.Losses were offset by gains in ZB FINANCIAL HOLDINGS LIMITED(ZBFH.zw) which added $6.0000 to $77.0000, TURNALL HOLDINGSLIMITED (TURN.zw) traded $0.5500 higher to settle at $5.1200 along withRAINBOW TOURISM GROUP LIMITED (RTG.zw) which rose by $0.5000 to$10.5000. Two more counters to gain ground were FIRST MUTUALPROPERTIES LIMITED (FMP.zw) which added $0.3843 to settle at $11.7000and ZIMRE HOLDINGS LIMITED (ZIMR.zw) which increased by $0.0116 toclose at $5.4485.

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Market Commentary 29 June 2022

The All-Share Index retreated by 116.50 points (0.55%) to close at 21,166.03points. The largest losses were recorded in BRITISH AMERICAN TOBBACCOLIMITED (BAT.zw) which dropped by $99.9667 to close at $3,500.0000,MEIKLES LIMITED (MEIK.zw) eased $22.2218 to end at $136.7792 and SEEDCO LIMITED (SEED.zw) was $15.3012 weaker at $180.0311. AXIACORPORATION LIMITED (AXIA.zw) also decreased by $6.6973 to close at$125.7148 and AFRICAN SUN LIMITED (ASUN.zw) was $2.2830 lower at$15.7248.Losses were offset by gains in CBZ HOLDINGS LIMITED (CBZ.zw) whichadded $22.9425 to $186.8874, HIPPO VALLEY ESTATES LIMITED (HIPO.zw)traded $0.6681 higher to settle at $282.4681 along with TANGANDA TEACOMPANY LIMITED (TANG.zw) which rose by $0.2140 to $228.2140. Twomore counters to gain ground were ZIMPLOW HOLDINGS LIMITED(ZIMW.zw) which added $0.1190 to settle at $24.6690 and EDGARS STORESLIMITED (EDGR.zw) which increased by $0.1000 to finish at $5.1000

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Market Commentary 27 June 2022

The All-Share Index closed the week lower at 21,073.30 points after droppingby a further 393.71 points (1.83%) in today’s session. INNSCOR AFRICALIMITED (INN.zw) retreated by $35.2577 to close at $434.3898, ECOCASHHOLDINGS LIMITED (EHZL.zw) decreased by $10.0545 to end at $77.4241and DELTA CORPORATION LIMITED (DLTA.zw) lost $3.6125 to $359.4096.OK ZIMBABWE LIMITED (OKZ.zw) fell by $3.3570 to end $37.9317 togetherwith TANGANDA TEA COMPANY LIMITED (TANG.zw) which traded at$228.9474 after easing $2.7537.Losses were offset by gains in CBZ HOLDINGS LIMITED (CBZ.zw) which wentup by $15.2573 to $143.0000, DAIRIBOARD HOLDINGS LIMITED (DZL.zw)traded $5.000 higher to settle at $50.0000 along with AXIA CORPORATIONLIMITED (AXIA.zw) which added $1.5964 to $119.9535. FBC HOLDINGSLIMITED (FBC.zw) and ZIMBAWE NEWSPAPERS LIMITED both rose by$1.0000 and $0.5000 to settle at $71.0000 and $5.5000 respectivel

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Market Commentary 24 June 2022

The All-Share Index lost by a further 577.21 points (2.62%) to finish the sessionat 21,467.01 points. ECOCASH HOLDINGS LIMITED (EHZL.zw) led theshakers after dropping $12.2946 to close at $87.4786, DELTA CORPORATIONLIMITED (DLTA.zw) decreased by $11.7233 to end at $363.0221 and ECONETWIRELESS (ECO.zw) was $7.1184 down at $181.1717. SIMBISA BRANDS(SIM.zw) pulled $6.1540 back to close at $217.4010 together with INNSCORHOLDINGS (INN.zw) which shed $5.8803 to $469.6475.Trading in the positive was RIOZIM (RIOZ.zw) which jumped $13.6500 up toend at $110.0000. AXIA CORPORATION (AXIA.zw) traded $3.2100 higher tosettle at $118.3571 along with CBZ HOLDINGS LIMITED (CBZ.zw) which was$2.7427 stronger at $127.7427. Two more counters to gain were RAINBOWTOURISM GROUP (RTG.zw) which edged $1.0000 up to $10.0000 whileFIRST MUTUAL PROPERTIES (FMP.zw) gained $0.8491 to close at $11.7460.

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Market Commentary 23 June 2022

The All-Share Index dropped by another 185.51 points (0.83%) to settle at22,044.22 points. HIPPO VALLEY ESTATE LIMITED (HIPO.zw) led theshakers after dropping $49.7000 to close at $281.8000, AXIA CORPORATIONLIMITED (AXIA.zw) decreased by $5.0529 to end at $115.1471 and INNSCORAFRICA LIMITED (INN.zw) was down $2.2821 to close at $475.5278. NMBZHOLDINGS LIMITED (NMB.zw) lost $2.000 to close at $28.0000 andECONET WIRELESS LIMITED (ECO.zw) dropped a further $1.7899 to close at$188.2901Trading in the positive: AFDIS DISTILLERS LIMITED (AFDS.zw) rose $2.1677to end at $342.2177. FIRST MUTUAL HOLDINGS LIMITED (FML.zw) traded$2.0500 higher to settle at $28.0000 and CBZ HOLDINGS LIMITED (CBZ.zw)was $1.4939 stronger at $125.0000. Two more counters to gain were FIRSTMUTUAL PROPERTIES (FMP.zw) which rose by $1.3447 to $10.8969 andAFRICAN SUN LIMITED (ASUN.zw) was up by $1.0124 to close at $19.5227.

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Market Commentary 22 June 2022

The All-Share Index was down by 433.19 points (1.91%) to settle at 22,229.73points. The largest losses were recorded in BRITISH AMERICAN TOBACCO(BAT.zw) which dropped $60.0000 to close at $3,600.0000, INNSCORAFRICA LIMITED (INN.zw) traded $29.0723 lower to end at $477.8099 andSEEDCO LIMITED (SEED.zw) was down by $23.9391 closing at $196.0609.RIOZIM LIMITED (RIOZ.zw) lost $13.6500 to $96.3500 and ECONETWIRELESS LIMITED (ECO.zw) eased $7.4813 to $190.0800Gains 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 tosettle at $126.0000 and GETBUCKS MICROFINANCE (GBZW.zw) was$1.0000 stronger at $16.0000. Two more counters to gain were SIMBISABRANDS LIMITED (SIM.zw) which rose by $0.7464 to $224.4845 and FIRSTCAPITAL BANK (FCA.zw) was up by $0.5500 to close at $12.569

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Market Commentary 21 June 2022

The All-Share Index opened the week on a lower note, losing 237.79 points(1.04%) to settle at 22,662.92 points. HIPPO VALLEY ESTATES LIMITED(HIPO.zw) led the shakers after dropping $58.5000 to close at $331.5000,ECOCASH HOLDINGS LIMITED (EHZL.zw) traded lower at $3.9329 to end at$106.9258 and RIOZIM LIMITED (RIOZ.zw) was down by $3.3333 closing at$110.0000. INNSCOR AFRICA LIMITED (INN.zw) lost $2.9913 to $506.8822and ECONET WIRELESS LIMITED (ECO.zw) eased $2.8088 to $197.5613.Gains were recorded in TSL LIMITED (TSL.zw) which gained $5.0000 to endat $120.0000, CBZ HOLDINGS LIMITED (CBZ.zw) traded higher at $2.7760 tosettle at $117.1500 and AXIA CORPORATION LIMITED (AXIA.zw) was $2.7758stronger at $122.7789. Two more gainers were DELTA CORPORATIONLIMITED (DLTA.zw) which rose by $0.8797 to $375.2183 and ZIMBABWENEWSPAPERS (1980) LIMITED (ZIMP.zw) was up by $0.7500 to close at$5.7500

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Market Commentary 20 June 2022

The All-Share Index ended the week on a lower note, after dropping 396.81points (1.70%) to settle at 22,900.71 points. The largest losses were recordedin DELTA CORPORATION LIMITED (DLTA.zw) which was down by $7.0034to settle at $374.3386. SEED CO LIMITED (SEED.zw) dropped by $6.9107 toclose at $220.0393 and ECONET WIRELESS (ECO.zw) was $6.7858 weaker at$200.3701. ECOCASH HOLDINGS LIMITED (EHZL.zw) eased $4.9579 to$110.8587 and HIPPO VALLEY ESTATES LIMITED (HIPO.zw) was $4.9500lower at $390.0000Losses were offset by gains in GETBUCKS MICROFINANCE BANK LIMITED(GBZW.zw) which was up by $1.0000 to end at $15.0000, MIEKLES LIMITED(MEIK.zw) rose by $0.3864 to settle at $160.3864 and AFRICAN SUNLIMITED (ASUN.zw) was $0.3839 stronger at $20.7926. Two more countersto gain ground were MASHONALAND HOLDINGS LIMITED (MASH.zw)which was $0.1525 up at $7.2970 and EDGARS STORES LIMITED (EDGR.zw)gained $0.0025 to close at $4.4025

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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 wasdown 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$514.4132Losses were offset by gains in HIPPO VALLEY ESTATES (HIPP.zw) which wasup 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 $2.0830stronger at $30.0000. Two more counters to gain ground wereMASHONALAND HOLDINGS (MASH.zw) which was $0.9007 up at $7.1445and FIRST CAPITAL BANK (FCA.zw) gained $0.4239 to close at $12.6765

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