EFE Securities •

5 months ago •

Market Commentary

MARKET COMMENT-01.10.2025

ZSE falters in month-opening session... 
The market faltered in the first session of the month as heavy and mid cap counters weighed down the ZSE. The All-Share Index fell 1.34% to 207.81pts while, the ZSE Top Ten Index retreated 0.37% to 205.90pts. The Mid Cap Index pared off 5.00% to 234.11pts while, on the contrary the Agriculture Index added 0.57% to 172.09pts. Hippo Valley Estates led the worst performers of the day, having lost 15.00% to end pegged at $5.5250. Proplastics Limited succumbed 14.99% to close at $1.2560 as Meikles Limited followed on a 14.77% loss to settle at $3.4090. ART Holdings eased 13.94% to $0.1119 while, Seed Co Limited completed the top five losers of the day as it shed 12.59% to land at $3.4192. Partially offsetting today's losses was Zimre Holdings and TN Cybertech which rose 4.76% and 0.98% to see duo close at $0.2500 and $0.1091 apiece. 
 
Activity aggregates declined in the session as volumes traded came off 3.56% to 3.67m shares while, turnover plunged 46.44% to $11.77m. Delta, NMB and Econet claimed a 
combined 80.07% of the value aggregate. Anchoring the total volume traded was Proplastics, NMB and Econet accounted for a joint 80.54%. The Datvest MCS went up 2.49% to $0.0300 as scrappy 127 units traded. The Tigere REIT fell 4.97% to $1.8996 as 811,000 units worth $1.54m exchanged hands. The Revitus REIT declined 10.71% to $1.0000.