Property group, Zimbabwe Property Investments Limited (ZPI) led the gains adding +11,54 percent at 1,45c ahead of its analyst briefing.
ZPI on Friday released its interims in which they reported an Earnings Per Share (EPS) of 0,07c being 268 percent up from prior period EPS of 0,019c.
Life assurer, Fidelity Life Assurance Limited, which released another impressive set of interims put on +8,42 percent at 13,01c as its Year -To-Date return stood at 491,36 percent.
Other notable gains were seen in Cafca Limited (Cafca) and Tobacco Sales Limited (TSL), which put on +6,67 percent apiece at 64c and 8c, respectively.
Heavy cap counters to trade in the negative were ABC Financial Holdings Limited down -3,33 percent at 87c, Hippo Valley Estates Limited eased -0,10 percent at 99,9c, Pretoria Portland Cement (PPC) lost -0,60 percent at 330c while Barclays bank Zimbabwe Limited retreated -0,75 percent at 6,6c.
TN Financial Holdings Limited (TN) succumbed to profit taking which saw the group slip -2,75 percent at 3,89c and closed sellers at the same price.
Trading activity was heavier among heavy cap counters as turnover at $1 774 609 was largely unchanged despite a -49 percent decline in total volumes traded at 9 million shares.
Notable volumes were seen in Delta Corporation Limited, CBZ Financial Holdings Limited (CBZ), Edgars Limited and Innscor Corporation Limited. Beverages giant, Delta was stable at 77,50c as 343 104 units traded, CBZ put on a marginal 0,06 percent at 16,02c on 1 853 431 shares while Innscor also added a marginal 0,01c to close at 70,02c after 728 339 shares traded the bulk of which 658 018 shares were crossed among foreign investors.
There was a resurgent in buying appetite in OK Zimbabwe Limited (OK) which put on +5,44 percent at 9,50c and Meikles Africa Limited (MAL) which closed +0,34 percent firmer at 26,20c despite thin volumes trading in these counters.
Foreign investors remained net sellers with outflows at $913 693 in Delta, AICO Limited, CBZ and Innscor although there was significant improvement in inflows totaling $493 329 boosted by the cross in Innscor.
A -15 percent slump in Rio Zimbabwe Limited (RioZim) at 85c, dragged the resources sector -3,27 percent lower at 155.66 points widening the rift between the Industrial and Mining indices.
Rio was heavily traded after 204161 shares worth $173 536,85 exchanged hands, the bulk of which was executed through a cross. Major coal producer Hwange Colliery Company Limited (HCCL) and Bindura Nickel Corporation Limited (Bindura) were unchanged at 58c and 5c, respectively, while Falcon Gold Zimbabwe Limited (Falgold) recorded no trades.
Post published in: Business