EFE Securities •

2 months ago •

Market Commentary

MARKET COMMENT-02.01.2026

ZSE records gains in the first session of the year… 
The ZSE recorded gains in the first session of the year as the primary All Share Index rose 1.17% to 281.12pts while, the Blue-Chip Index gained 1.28% to 285.38pts. The Agriculture Index firmed up 1.43% to 172.11opts as the Mid Cap Index went up 0.67% to 280.01pts. Seed producer SeedCo Limited headlined the top performers of the day on a 10.94% jump to $4.0000, followed by telecoms giant Econet that surged 10.67% to $6.7953, where supply could be established. TN Cybertech ticked up 3.00% to close at $0.1200 while, Unifreight charged 0.27% to $1.7500. Trading in the negative territory was Ariston that dropped 2.22% to $0.0309. Beverage giant Delta eased 0.01% to end the day pegged at $20.7004, albeit on firming demand.  
 
Activity aggregates were mixed in the session as volume exchanged ballooned 76.26% to 20.49m shares while, turnover declined 67.04% to $14.95m. Ariston was the most traded stock in terms of volume as 19.4m shares exchanged hands in the agricultural concern, claiming 94.51% of the aggregate. Top value drivers of the day were Delta (69.22%), Econet (26.71%) and Ariston (4.00%). No trades were recorded in the ETF and REIT section.