EFE Securities •

1 day ago •

Market Commentary

MARKET COMMENT 03.04.2025

ZSE records marginal gains… 
The market registered marginal gains in Thursday’s session as selected heavies lifted the ZSE. The mainstream All Share Index rose 0.30% to 207.24pts while, the Mid Cap Index put on 1.24% to 254.89pts. On the contrary, the ZSE Top Ten Index and the Agriculture Index trimmed 0.01% and 0.21% to close at 200.96pts and 181.51pts respectively. Turnall led the market charge on a 19.01% surge that took it to $0.0600. ZB garnered 14.78% to $6.6000 as Star Africa charges 13.50% to $0.0400. First Mutual Holdings soared 12.53% to $4.4000 while, Hippo edged up 0.49% to $6.2100. Ecocash was the worst faller of the day as it dropped 8.98% to $0.1570 while, SeedCo Limited eased 2.14% to $3.8500. Delta beverages slipped 1.39% to $15.0001 while, RioZim retreated 0.32% to $0.8667. Zimre Holdings capped the top five winners of the day on a 0.18% loss to $0.2700.   
 
Activity aggregates were depressed in the session as volumes declined 67.85% to 1.98m while, turnover dropped 54.83% to $11.34m. Delta and Econet were the top traded counters as they contributed 95.82% of the volume aggregate and 99.55% of the total value traded. The Datvest ETF was stable at $0.0300 on 700 units. No trades were recorded on the REIT section.