EFE Securities •

2 days ago •

Daily Reports

MARKET COMMENT-05.03.2026

ZSE rises further in Thursday’s session… 
The ZSE market rose further in Thursday’s session to see the 
All-Share Index gaining 1.06% and settled at 364.48pts with 
the Top Ten Index ticking up 1.25% to settle at 372.77pts, 
spurred mainly by firming demand seen in the outgoing 
Telecom giant Econet. Not to be outdone was the Agriculture 
Index that added 0.47% to 265.70pts and the Mid cap Index 
which went up 0.03% to close at 355.53pts. Proplastics led the 
risers of the day on a 7.58% surge that took it to $1.0000 
where supply could be established. Following was Econet 
which rose 7.36% to end pegged at $10.1735 on firming 
demand with TSL rising 4.85% to close at $3.1833. First Mutual 
Properties advanced 3.70% to $1.0370 while, Mashonaland 
added 0.36% to $1.2795 as it completed the risers’ list of the 
day. On the downside was Star Africa Corporation which 
headlined on a 13.54% loss that took it to $0.0300 while, ZSE 
Holdings lost 8.10% to end at $1.1000. Banking group FBC 
7.11% succumbed 7.11% to close at $11.5000 while, waning 
demand dragged the banking group TN Cybertech lower to 
$0.1025. Delta Corporation was 0.86% down at $28.7496 
where demand could be established.  
 
Activity aggregates improved from yesterday as seen in 
volumes which went up 35.34%, yielding a turnover of 
$65.88m which was 18.02% up from yesterday. Econet 
emerged as the top volume and value drive accounting for 
72.73% and 68.83% respectively. The other notable trade was 
in Delta which claimed 29.99% of the value total. The Datvest 
ETF lost 0.20% to settle at $0.0651 while, Morgan and CO 
Made In Zimbabwe traded stable at $0.06800. The Revitus ETF 
was down 3.03% to $1.6001 as Tigere REIT closed stable at 
$1.1500, post its analyst Briefing in which the Fund registered 
an increase in rental revenue of 58.82% to USD$2.64m.