EFE Securities •

19 hours ago •

Market Commentary

MARKET COMMENT 13.03.2026

ZSE ends the week in marginal gains… 
The ZSE market recorded marginal gains in the last session of 
the week as the primary All Share Index rose 0.09% to 
351.69pts. The ZSE Agriculture Index edged up 1.92% to end at 
244.46pts while, the Mid Cap Index ticked up 0.84% to 
342.49pts. The ZSE Top Ten Index was the only faller amongst 
the indices we review after a 0.04% retreat to close at 
359.79pts. The top gainer of the day was TSL that garnered 
14.92% to settle at $3.6925 as it reversed prior session losses, 
trailed by TN Cybertech that surged 9.12% to $0.1102. Tea 
company Tanganda grew 7.75% to $0.8481 as Proplastics rose 
0.69% to $1.2800. Delta completed the top five risers of the 
day on a 0.56% uplift to $26.1603. Masimba was the major 
casualty of the day as it dropped 14.63% to close at $1.8325. 
Following was Ariston that succumbed 8.08% to $0.0301 
reversing yesterday’s gains. Star Africa trimmed 2.20% to 
$0.0337 while, ART slipped 1.00% to $0.2475. Banking group 
CBZ was 0.54% lower at $14.0000.  
 
Activity aggregates enhanced in the session as volumes 
ballooned 8419.37% to 133.63m while, turnover jumped 
6253.96% to $173.60m. Volume drivers of the day were TN 
Cybertech and Econet which claimed 88.98% and 10.36% 
apiece. TN Cybertech and Delta accounted for a shared 91.95% 
of the value aggregate. The Cass Saddle ETF lost 0.79% to 
$0.0607 while, the MIZ ETF shed 0.03% to $0.0677. The Tigere 
REIT slid 7.83% to end pegged at $1.1628 on 48,583 units.