EFE Securities •

6 days ago •

Market Commentary

MARKET COMMENT 04.09.2026

ZSE concludes the week in losses… 
The market concluded the week in losses as CBZ and Delta 
weighed on the ZSE. The primary All Share Index declined 
1.49% to close at 459.01pts while, the ZSE Top Ten Index 
trimmed 2.06% to 456.55pts. The ZSE Agriculture Index rose 
0.53% to end at 338.66pts while, the Mid Cap Index edged up 
0.91% to 499.84pts. ZSE Holdings was the major casualty of the 
day, having dropped 6.63% to close at $3.5482 while, banking 
group CBZ slid 4.47% to $39.3773. Beverages concern Delta 
went down 1.87% to $28.4057 while, Mashonaland Holdings 
retreated 0.88% to $1.6850. Tea company Tanganda 
completed the top five shakers of the day on a 0.48% loss to 
close at $4.1300. Partially offsetting today’s losses was Star 
Africa that surged 10.08% to $0.0496, trailing was TN 
Cybertech bank that advanced 9.51% to $0.3405. Milk 
processor Dairibord grew 4.22% to $6.0000 as brick maker 
Willdale added 1.16% to $0.0714. Agriculture concern Ariston 
completed the top five risers’ list on a 0.69% uplift to $0.0502.