EFE Securities •

8 months ago •

Market Commentary

MARKET COMMENT 01.07.2025

ZSE register gains in new month… 
ZSE registered gains in the new month as the All-Share Index gained 0.62% to close at 198.46pts while, the Blue-Chip Index edged up 0.02% to 194.17pts. The Agriculture Index rose 1.72% to 162.23pts while, the Mid Cap Index added 2.55% to 237.54pts. Sugar refiner Star Africa headlined the gainers of the day on a 37.50% jump to end pegged at $0.0550 with TSL Limited trailing on a 13.92% surge to $2.5000. Ecocash Holdings climbed 7.90% to close at $0.1349 while, Nampak advanced 5.73% to $0.9000. Proplastics Limited capped the top five gainers of the day on a 2.36% increase to finish at $1.2999. Partially weighing down the market was OKZIM that fell 2.94% to end pegged at $0.2900. Telecoms giant Econet lost 0.46% to $3.8798 while, Zimre Holdings retreated 0.18% to $0.2595. FML capped the top five worst performers of the day on a negligible 0.01% loss to settle at $3.9995.  
  
Activity aggregates faltered in the session as volumes traded plummeted 98.53% to 1.10m shares while, turnover plunged 74.29% to $5.83m. The trio of Delta, OKZIM and Econet drove the volume aggregate in the session as they claimed 33.11%, 30.95%, and 14.15% respectively. Delta and Econet claimed a combined 92.80% of the total value traded. Morgan & Co ETF rose 0.02% to land at $2.1500 as 100 units were traded in the session. In the REIT category, the Tigere REIT added 11.01% to $1.3354 as 1,741 units exchanged hands in the session while, the Revitus REIT improved by 0.36% to $0.6900 as 4 units were traded.