AS THE local equities markets rally continues, Zeco Holdings topped the local bourse’s big performers for the third quarter, ahead of tobacco processor British American Tobacco (BAT) and tech innovators Cassava, official data shows.
The steel fabricator put on 300 percent during the quarter to close at 0,12 cents, with all the gains coming over two consecutive days in September, in what turned out to be the counter’s best weekly performance in six years.
These gains pushed the counter’s year-to-date returns to 500 percent, the 11th best on the market at the end of the quarter.
Zeco is, however, one of the least liquid stocks on the exchange, having traded in fewer than 15 instances since the beginning o
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