EFE Securities •

4 days ago •

Market Commentary

MARKET COMMENT -2025-06-09

ZSE kicks off the week with marginal gains… 
The ZSE kicked off the week with marginal gains as the All Share Index gained 0.63% to 198.80pts while, the Top 10 Index rose 1.25% to 195.95pts. However, the Agriculture Index dropped 1.01% to close at 172.22pts on the back of losses in TSL & Ariston.  In the same vein, the Mid-Cap Index fell 1.36% to end at 232.47pts. Nampak & TSL headlined the laggards of the day as they dropped a similar 14.98% to see the duo close 
at $0.8160 and $1.7200 respectively. Trailing was OK Zimbabwe with 2.91% decline that took it to $0.3005 while, Mashonaland followed with a 0.85% decrease to $1.2890. To cap off the top 5 laggards of the day was Ariston which shed 0.21% at $0.0480. On the other hand, at the top of the gainers’ list was First Mutual Holdings with a 15% surge to $4.3740.  Trailing was Willdale that gained 10.82% to settle at $0.0559. RTG followed closely behind with a 10.32% increase to $0.6950 as Star-Africa advanced 9.56% to $0.0550. Hippo 
Valley concluded the top 5 winners of the day after a 2.50% improvement which took it to $8.2000. 
 
Volume traded for the day tumbled 99.94% to see 109,500 shares trade. Turnover for the day decreased by 99.09% to $816,967. Delta and telecommunications giant Econet drove the volume aggregate with a combined claim of 68.49%. Notably First Mutual Holdings accounted for 9.13% of the total volumes traded. Delta claimed 82.20% of the value traded while, Econet secured 11.42% of the same. Tigere REIT traded 4.71m units in today’s session as the price declined by 0.01% to close at $1.2115 while, the Revitus rose 1.75% to end at  $0.5800 on 300 units.