EFE Securities •

3 days ago •

Daily Reports

MARKET COMMENT-04.03.2026

ZSE records marginal gains in midweek 
session… 
The ZSE market recorded marginal gains in the midweek 
session as the primary All Share Index rose 0.26% to 360.67pts 
while, the Blue-Chip Index added 0.52% to 368.18pts. 
Contrastingly, the Agriculture Index lost 1.31% to 264.45pts 
while, the Mid Cap Index eased 1.10% to 355.44pts.  Tea 
producer Tanganda headlined the top performers of the day 
on a 6.56% uplift to $0.7000, followed by Econet that firmed 
up 5.25% to $9.4758. Construction group Masimba edged up 
2.02% to close at $2.1425 while, CBZ inched up 0.62% to 
$14.1875. General Beltings completed the top performers of 
the day on a 0.50% lift to end the day pegged at $0.1000. 
Trading in the negative territory was Proplastics that dropped 
14.98% to $0.9295 while, TSL declined 10.77% to $3.0361. 
Beverage giant Delta tumbled 1.45% to settle at $28.9979 
while, Star Africa trimmed 0.79% to $0.0347. BAT capped the 
laggards of the day on a 0.47% retreat to end the day pegged 
at $213.9900.   
 
Activity aggregates enhanced in the session as volume 
ballooned 120.11% to 4.20m shares while, turnover grew by 
231.12% to $55.82m. Top volume drivers of the day were Delta 
(40.35%), Meikles (17.94%) and Proplastics (13.00%). Delta 
and Meikles were the most traded counters in terms of value 
after contributing 88.01% and 4.05% respectively. Cass Saddle 
ETF dropped 1.80% to close at $0.1020 while, MIZ ETF went 
down 0.70% to $0.0680 after 3.55m units exchanged hands in 
the name. On the REIT section, Tigere trimmed 0.20% to end 
the day pegged at $1.3500 as Revitus gained 6.33% to close at 
$1.7700.