Harare - Zimbabwe Stock Exchange has ended its bullish run experienced last week after opening this week in red on the back of loses propelled by heavy weight companies.
The bourse flipped 12.57 points from 7,060.72 points last week to end at 7,047.15 points respectively.
Milling firm, National Foods headlined the losses at $520.0000 after declining $9.0000 while alcohol and spirits maker AFDIS tumbled $4.9792 to close at $75.0208.
AFDIS recently registered a 56% volumes growth for the period ended June 30 2021, owing to improved access to the market.
Meanwhile, the country’s biggest bank by deposits and assets, CBZ Limited retreated $4.1683 to close lower at $89.8758.
CBZ recently completed upgrading its digital banking platforms- CBZ Touch and CBZ Pay as the bank seeks to enhance customer experience and security when transacting through better visual appeal and incorporating more graphics and designs making it faster than its predecessor.
Regional cement producer Lafarge, eased $2.8125 to settle at $95.1875.
Lafarge Cement Zimbabwe recently registered a 23.7% increase in cement volumes spurred by growing demand in the period ended May 2021.
Other loses were propelled by sugar producer, Hippo Valley Estates which declined $1.8962 to close at $188.1038.
However, trading in the positive was ZB Financial Holdings which added $11.9972 to close at $92.0000 while contracting and industrial counter Masimba Holdings scaled up by $1.9500 to close at $41.9701.
Consumer staples manufacturer Innscor Limited was $0.6894 firmer at $97.0212 while banking counter NMB increased $0.5238 to close higher at $16.5238.
Hotelier Africa Sun gained $0.2554 to end at $7.9954.
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