EFE Securities •

7 months ago •

Market Commentary

MARKET COMMENT 04.08.2025

ZSE downturns in week-opening session… 
The market downturned in week opener as the All-Share Index eased 0.60% to 207.16pts while, the Top Ten Index fell 0.71% to 202.02pts. The Agriculture Index retreated 3.74% to 177.13pts on the back of losses in BAT. The Mid-Cap Index went down by 0.20% to 247.50pts. Topping the dawdlers’ list of the day was BAT that sank 13.00% to $90.0000 while, ART slumped 9.06% to $0.1455. Logistics and transport services provider Unifreight lost 6.30% to $1.1300 as ZB Financial Holdings dropped 6.17% to $3.2020. Capping off the top five worst performers of the day was CBZ Holdings Ltd that dipped 2.00% to $7.0563. Trading in the positive territory was Ariston that rose 4.64% to $0.0336 as sugar refiner Star Africa followed after adding 4.52% to $0.0419. TN Cybertech Investments jumped 1.51% to $0.1218 while, tea producer Tanganda firmed 1.02% to $1.0980. Retailer Meikles concluded the top five risers of the day as it edged up 0.94% to $3.5500.   
 
Market activity was depressed in the session as the volume plunged 99.68% to 1.51m shares while, value outturn plummeted 75.02% to $9.11m. Delta, Dairiboard and 
Proplastics drove the volume aggregate as the trio claimed a combined contribution of 75.41%. Delta was the major value driver as it claimed 64.57% while, notably BAT made a significant 20.84% contribution. Tigere REIT ticked up 0.24% to $1.3232 on 10,197 units. The Datvest ETF MCS gained 1.45% to $0.0300 as 5,280 units traded. Trading in the negative was Morgan MIZ that fell 6.25% to $0.0450 while, Morgan and Co MCS shed 0.45% to $2.1500.