EFE Securities •
5 months ago •
Market Commentary
MARKET COMENT - 11.09.2025
ZSE slips into the red...
The market slipped into the red in Thursday’s session as the mainstream All Share Index retreated 0.51% to end at 207.88pts. ZSE Top Ten Index declined 0.64% to 205.77pts while, the ZSE Agriculture Index eased 0.63% to end at 175.11pts. The Mid Cap Index went down by 0.12% to close the day at 234.86pts. Zimre Holdings was the major casualty
of the day having dropped 10.40% to close at $0.2240 while, Mashonaland Holdings trailed on a 9.20% retreat to $1.5301. Tea company Tanganda shed 4.21% to settle at $0.9100 while, SeedCo Limited trimmed 3.50% to $3.8463. First Mutual Holdings capped the top five shakers of the day on a 3.23% loss that took the insurer to $3.0000. Leading the winners of the day was Unifreight that charged 15.00% to close at $1.7135. Following was TN Cybertech that jumped 10.31% to land at $0.1164. ZSE Holdings notched up 7.54% to $1.8500 as milk processor Dairibord edged up 3.68% to $1.9000. CBZ held the fifth position of the gainers’ table after a negligible 0.07% rise to close at $8.1000.
Volumes traded rose by 0.96% to see 1.71m shares exchange hands while, turnover succumbed 28.10% to $10.72m. The top volume drivers of the day were Econet (46.44%), Delta (18.94%) and NMB (15.16%). Delta, Econet and FBC claimed a combined 88.57% of the value outturn. The Datvest MCS lost 3.23% to close at $0.0300 while, on the contrary the Cass Saddle ETF rose 0.42% to $0.1200. A total of 1.15m units worth $34,695.72 exchanged hands in the session. The Tigere REIT added 0.89% to close the day at $1.1096 on 4,970 units while, the Revitus REIT was stable at $0.8900 on 450 units.