EFE Securities •

4 days ago •

Market Commentary

MARKET COMMENT 11.05.02026

Marginal gains in new week… 
The market registered marginal gains in the first trading day of 
the week as the mainstream All Share Index rose 0.30% to 
close at 376.27pts while, the ZSE Top Ten Index edged up 
0.47% to 374.38pts. On the contrary, the ZSE Agriculture Index 
declined 2.31% to 286.43pts while, the Mid Cap Index shed 
0.39% to 410.60pts.  Banking group FBC headlined the winners 
of the day on a 15.00% jump to close at $11.3850. Following 
was tea company Tanganda that surged 6.28% to $3.3000 as 
TN Cybertech climbed 4.07% to $0.1150. Hippo charged 1.05% 
to end pegged at $9.6000 with CBZ adding 0.16% to settle at 
$15.3250. The major casualty of the day was First Mutual 
Holdings that declined 13.33% to $2.5000, trailed by packaging 
group Nampak that plunged 9.88% to $180.0000. Zimre 
Holdings trimmed 7.46% to $0.6900 while, brick makers 
Willdale Capped the top five fallers of the day on a 3.29% 
retreat to $0.0408.  
 
Activity aggregates were mixed as reflected in volumes that 
plummeted 94.49% to 2.58m shares while, turnover gained 
23.28% to $54.79m. Delta was the top volume and value driver 
of the day claiming 74.12% of the former and 97.69% of the 
latter. Other notable volume drivers of the day were Ariston 
(14.81%) and ART (8.17%). The Tigere REIT inched up 0.11% to 
$1.1813 while, the Revitus REIT eased 0.02% to $2.3495. The 
Cass Saddle ETF added 0.61% to $0.1000 on 2,400 units.