Delta buoys ZSE gains
Delta garnered 13.17% to close at a vwap of $16.9999 in the wake of its 1H21 results, in which a PAT of $3.2bn was reported against $0.89bn in the prior comparable period. The beverages group declared an interim dividend of $0.4500 per share.
Delta drove the volume and value aggregates of the day claiming 66.79% of the former and 30.52% of the latter. Other notable value drivers of the day were Innscor, Turnall and SeedCo Limited with a combined contribution of 39.21% of the aggregate.
Volume of shares traded dropped 30.92% to 22.16m while, turnover advanced 28.60% to $70.80m. The market closed with a positive breadth of ten as seventeen counters gained against seven losers.
Star Africa surged 19.05% to $1.2500 while, Hippo put on 14.29% to $16.0000. Apparel retailers Truworths ticked up 3.57% to $0.1450 as banking group First Capital improved 2.78% to $0.5173, reversing previous day losses.
Headlining the fallers’ pack was Ariston which shed 3.57% to $1.2500, trailed by conglomerate Innscor that lost 2.82% to $25.9798. Fintech group Cassava slipped 2.05% to $3.7611 as brick manufacturers Willdale trimmed 1.10% to $0.2338. Telecoms giant Econet capped the shakers of the day on a 0.61% loss to $3.9598. The All Share
Index added 1.46% to 1,563.02pts while, the Industrials enhanced 1.51% to 5,162.47pts.
The ZSE Top Ten Index firmed 1.73% to 1,017.72pts while, the Mining Index was stable at 3,430.75pts.-EFE Securities
