EFE Securities •

5 days ago •

Market Commentary

MARKET COMMENT 28.08.2026

ZSE records losses in penultimate session… 
The ZSE market recorded losses in the penultimate session of 
the month as the primary All Share Index lost 2.25% to 
466.46pts while, the Blue Chip Index fell 3.11% to 466.35pts. 
Contrastingly, the ZSE Agriculture Index put on 0.77% to 
345.46pts while, the Mid Cap Index firmed up 1.49% to 
497.21pts. Packaging group Nampak led the laggards of the 
day on a 13.75% dip to $0.8625 while, banking group CBZ 
Holdings dropped 13.64% to $34.5000. Ariston slipped 11.25% 
to close at $0.0533 while, NMB tumbled 4.03% to $5.9500. 
Sugar processor Hippo completed the worst performers of the 
day on a 2.16% retreat to $10.5179. Partially mitigating today’s 
losses was ZHL that jumped 12.77%, followed by Dairibord 
that charged 11.11% to $5.0000. Brick maker Willdale inched 
up 5.67% to $0.0770 while, TN Cybertech ticked up 4.71% to 
$0.3000. ZSE Holdings capped the best performers of the day 
on a 3.66% uplift to $2.8011.