author

EFE Securities

6 months ago

Market Commentary

MARKET COMENT-2025.09.01

ZSE registers modest losses in new month session… 
ZSE registered modest losses in new month session as the AllShare Index fell 0.02% to 208.71pts while, the Agriculture Index retreated 0.62% to 177.97pts. The Mid Cap Index parred off 0.81% to 237.00pts while, the Blue-Chip Index edged up 0.18% to 206.27pts. Turnall headlined the losers of the day having lost 21.63% to end pegged at $0.0550 as Tanganda followed on a 10.52% retreat to settle at $0.8501. ART Holdings lost 6.64% to $0.1405 while, FML Holdings dropped 3.20% to $3.1000. Agriculture company TSL Limited completed the top five fallers list on a 1.96% decline to close at $2.2495. Partially mitigating today’s losses was OKZIM that jumped 14.12% to settle at $0.2656 with sugar refiner Star Africa trailing on a 12.53% upsurge to finish at $0.0450. Banking group NMB Holdings charged 11.11% to $4.0000 while, AFDIS Distillers added 1.43% to $7.1000. ZSE holdings capped the top five gainers of the day on a negligible 0.03% rise to close at $1.9780. 
 
Volumes traded soared 609.69% to 11.47m shares while, turnover grew by 49.37% to $11.16m. OKZIM drove the volumes traded in the session as it claimed 85.75% of the total. 
The top value drivers of the day were Delta (31.82%), Econet (30.60%) and OKZIM (23.41%). Datvest MCS was stable at $0.0300 as 3,900 units exchanged hands while, Tigere REIT fell 4.30% to $1.0006 as 10,633 units were traded.