EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT 02.04.2025

Econet highlights the session… 
Econet highlighted the trading session after a circa 5m shares worth $17.83m exchanged hands in the name. The aforementioned trade claimed 82.41% of total volume traded 
and 71.02% of turnover. The other notable value driver of the day was Delta that accounted for 24.29%. Activity aggregates enhanced in the session as volume traded ballooned 859.04% to 6.16m shares while, turnover grew by 263.08% to $25.11m. No trades were recorded in the ETF category. The Tigere REIT charged 3.67% to close at $1.3375 after 600 units exchanged hands in the session.  
 
General Beltings headlined the gainers of the day on a 98.38% jump to $0.1195, followed by ZB Financial Holdings that shot up 15.00% to $5.7500. FML surged 4.13% to settle at $3.9100 while, logistics company Unifreight stepped up 2.92% to $1.8525. Tea producer Tanganda capped the top five winners of the day on a 2.89% uplift to end the day pegged at $1.0500. Trading in the negative was brick maker Willdale that dropped 20.46% to close at $0.0302 while, RioZim slipped 12.74% to $0.8695. Seed producer SeedCo dipped 7.44% to $3.9344 while, Star Africa tumbled 3.13% to $0.0352. Ariston completed the fallers of the day on a 1.50% slide to end the day pegged at $0.0590. The All-Share Index rose 0.29% to 206.62pts while, the Blue-Chip Index went up 0.14% to 200.97pts. The Mid Cap Index added 0.75% to 251.76pts while, the Agriculture Index eased 0.96% to 181.89pts while,