Delta and DHZL impress on ZSE

Two blue-chip counters listed on the Zimbabwe Stock Exchange, major beverages producer Delta Corporation Limited and milk producer Dairiboard Holdings Zimbabwe Limited continue to impress on the bourse, stockbrokers have confirmed.

In an exclusive interview, a senior stockbroker from EFE Securities (Private) Limited said Delta, however, continued to "rule the roost" last week.

"Delta received the Lion's share of the ZSE this week after 588 000 shares exchanged hands in trades worth US$461 000," he said.

Delta is currently led by Joe Mutizwa. Its share price stands at 78,50c and it is the ZSE's most heavily capitalised firm to-date. The stockbroker said DHZL, on the other hand, was following closely behind Delta with a very good performance during the week under review.

"DHZL has, however, faced some pressure from local investors and its share price currently stands at 23c as a value of one million shares worth US$238 000 exchanged hands on the ZSE on Thursday," the stockbroker said.

DHZL is currently led by tycoon, Anthony Mandiwanza, who sits on several ZSE Boards.

Post published in: Business

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