Econet share price at lowest ebb in four years

Meikles, Dairibord and Barclays also lost 19.23 percent, 16.67 percent and 12.50 percent to trade at 10.5 cents, 5 cents and 2.8 cents in that order.

Truworths, NMBZ and Nicoz Diamond also shed 10 percent, 8.72 percent and 7.27 percent respectively while Colcom and StarAfrica eased 5.41 percent and 4.2 percent respectively in the month under analysis.

There were gains in Delta and Old Mutual which advanced by 0.49 percent and 0.44 percent to close the month at 88.93 cents and 350.75 cents respectively.

Simbisa and Axia put on 3.13 percent and 4.17 percent to close at 16.5 cents and 7 cents respectively.

Padenga, Hippo and TSL also gained 4.56 percent, 4.29 percent and 5.26 percent to trade at 16.73 cents, 36.5 cents and 18 cents in that order.

Zimpapers led the top movers pack after picking up 40 percent to trade at 0.7 cents.

Lafarge and ZB Financial Holdings added 23 percent apiece while Masimba and Zimplow gained 11.76 percent and 10 percent respectively.

FML, ART and CFI also advanced 7.14 percent, 6.56 percent and 5.24 percent in that order.

The mining index eased 3.76 percent to close at 56.31 points largely on the back of Bindura which eased 12.5 percent to close at 3.5 cents, offsetting a 7.5 percent gain recorded by RioZim which closed at 32.25 cents.

Hwange and Falgold remained unchanged at three cents and 0.6 cent in the month under review.

Foreigners remained net sellers in the month, disposing of shares worth $5.514 million and buying shares worth $1.411 million.- The Source

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