The Zimbabwe Stock Exchange (ZSE)’s All Share Index traded higher on Monday, gaining 12.29 points to close at 512.29 points on the back of some positive heavyweight trades.

Cigarette manufacturer BAT Zimbabwe gained $10.0000 to $90.0000, while another heavy-weight Old Mutual Limited rose by $1.7122 to $42.9900.

Beverages giant Delta Corporation and was $0.4520 firmer at $6.3135.

Other gainers in trades today include TSL, which increased by $0.3682 to end at $2.2882 and financial services provider CBZ, which traded $0.2500 stronger at $2.3000.

However these gains were offset by losses in hotelier African Sun, which decreased by $0.0980 to $0.3970, while nickel producer Bindura, which eased $0.0811 to $0.4467.

Telecoms giant Econet Zimbabwe, which has been in the papers over the past week after the Reserve Bank of Zimbabwe moved to freeze agent lines in its battle with illegal foreign currency dealers, and dropped by $0.0033 to $3.2531.

Other counters to lose ground include First Mutual Properties, which was $0.0025 down at $1.2975 and First Capital Bank, which traded $0.0023 weaker at $0.2100.

Following today’s trades, with a turnover of $16, 1 million, the bourse’s total market capitalization closed at $66 billion from $64 billion on Friday.