EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT -2025-06-11

ZSE falters in midweek session… 
ZSE faltered in midweek session as selected heavies dragged down the market. The All Share Index declined 0.21% to 199.13pts while, the Mid-Cap Index fell 0.96% to 230.76pts. Contrastingly, the ZSE Top Ten Index added 0.03% to close at 196.86pts while, the ZSE Agriculture Index rose 0.43% to 166.79pts. Packaging company Nampak led the laggards of the day after a 14.22% decline to settle at $0.7000. Willdale trailed 
with a 11.08% drop to $0.0504 while, OK Zimbabwe succumbed 10.43% to $0.2690. Telecommunications giant 
Econet tumbled 3.04% to $3.9936 as SeedCo limited wrapped up the top five fallers of the day after a 1.83% loss which took it to $2.6504. Leading the gainers of the day was First Mutual Holdings that gained 10.09% to $4.4023, followed by tea producer Tanganda that edged up 5.82% to $1.0500. Hippo Valley notched up 1.90% to $7.3807 while, Ecocash advanced 0.89% to $0.1200. To cap off the top five gainers of the day was Zimre Holdings that went up 0.11% to $0.3240.  
 
Volumes traded dropped by 81.67% to 1.29m shares while, turnover plummeted 87.93% to $4.92m. Econet and OK Zimbabwe drove the volume aggregate as they claimed a combined of 78.75%. Econet and Delta accounted for a shared 85.77% of the value outturn The Tigere REIT rose 0.12% to $1.2200 on 981 units while, the Revitus Property REIT traded 985 shares at a stable price of $0.5800.