The Zimbabwe Stock Exchange (ZSE) was bearish on Wednesday’s trades as the bourse’s mainstream All Share index retreated by 1.58 points (0.98%) to close at 159.24 points.

Several heavyweight counters lost ground.

Old Mutual Limited headlined the losers, dropping $1.1013 to close at $8.9990, while Econet lost $0.1036 to settle at $1.5634 and its subsidiary Cassava Smartech traded $0.0103 lower at $1.5601.

Simbisa also decreased by $0.0004 to $0.7500 and Delta Corporation was $0.0002 down at $3.2000.

Losses were partially offset by gains in Innscor, which added $0.0499 to $2.0500, while clothing retailer Edgars put on $0.0260 to settle at $0.1580 and diversified miner RioZim was $0.0194 stronger at $1.8900.

Amalgamated Regional Trading and Dairibord both increased by $0.0155 to close at $0.1055 and $0.1800 respectively.