EFE Securities •

2 months ago •

Monthly Reports

EFE RESEARCH AUGUST MONTHLY REPORT

Transport and Logistics group Unifreight headlined the winners of the month on a 208.94% charge to close at its month high of $2.8500 as cumulative 11,400 shares traded in August. Media company Zimpapers garnered 101.00% to settle at $0.1005 while, National Tyre Services ballooned 100.00% to trade at $0.5000 as a scanty 100 shares traded in the last session of the month. ART swelled 97.63% to end pegged at $0.2500 as banking group FBC edged up 77.42% to $5.5000. Mashonaland Holdings soared 63.74% to settle at $0.6205 while, Proplastics jumped 45.57% to $2.7000 having traded an intra-month high of $3.0473. Hotelier RTG surged 29.22% to close at $0.4400 while, Turnall gained 23.50% to $0.0700. Property concern FMP capped the top ten gainers of the month after ticking up 17.25% to $0.3400.

Financial services group ZB was the worst faller of the month after a 37.55% drop to $6.3700, having released their HY24 results in which the group’s net interest income went up by 20% to ZWG$209.98m. Trailing was CBZ that tumbled 20.35% to end at $12.3984 while, First Mutual Life plummeted 18.17% to $1.7183.  Meikles faltered 15.55% to close at $5.9959 with cable manufacturer Cafca trimming 12.79% to $15.0000. Construction group Masimba dipped 12.27% to settle at $2.3205 as packaging group Nampak lost 9.09% to $1.0000.  Agriculture concern Ariston retreated 6.22% to $0.0400 while, retailer OKZIM slipped 2.80% to end pegged 2.80% to $0.7296. Tea company Tanganda slid 1.59% to $3.7743 as it capped the top ten shakers of the month.