The industrial index maintained a downward trend in the session on Tuesday as it lost a further 4.94% to settle at 371.31 in the session, dragged by tumbling heavy cap Delta among other stocks. The mining index however continued on an upward trend gaining 5.94% to close at 96.89.

Profit taking across the market is now evident as bears begin to emerge and for the first time in over 100 session bears led by Delta, dominated trades.

A total of 23 counters down from 36 of the prior session exchanged hands with 7 rising and higher number of stocks at 11 counters, falling.

Delta was the session’s worst performer easing by 15% to 229.37 maintaining a downwards trajectory on selling pressure. Some investors are locking in profits despite limited alternatives, in the hope of buying on dips once valuations subside.

NMB came off by 11% to 8c while Hippo and Dairibord softened by 9.86% and 9.38% to 130.25c and 14.5c respectively. heavies Innscor and Simbisa pared by 0.13% and 6.93% each to close at  150c and 79.51c.

Ariston was the top performer with a gain of 19.84% to 3.02c. CBZ trailed with an upsurge of 10.44% to 17.99c stretching its year to date gain to 71.3%.

Rio Zim and Old Mutual went up by 9.57% and 7.28% to 80c and 729.50c respectively. The former maintained its rally post its interims release which showed an improved net profit position. The performance was driven by increased gold production.

Zimpapers, Star Africa and Seedco were among the risers in the session. Star Africa remained in the red from the prior session with a decline of 1.65% to 2.42c.

Turnover came in at $2.99 million a decline of 51.2% from the prior session. Delta, Econet, Simbisa, Seedco and Old Mutual were the top value contributors. The total volume of shares in the session were 3.1 million.