EFE Securities •

2 months ago •

Market Commentary

MARKET COMMENT-07.01.2026

ZSE breaches 300pts mark… 
The ZSE market breached the 300pts mark on a 4.70% gain to end pegged at 310.83pts while, the Blue-Chip Index was 5.31% firmer at 320.81pts as Delta continued to soar higher. The Mid Cap Index recovered from yesterday’s losses as it inched up 0.60% to end at 281.43pts while, the Agriculture Index rose by 1.44% to close pegged at 169.38pts. Dairy processor Dairibord led the gainers of the day as it charged 14.55% to $1.8500 while, beverages producer Delta was 14.40% firmer at $28.0172. Banking group TN Cybertech advanced 9.33% to settle at a VWAP of $0.1312 while, property concern FMP was 1.79% up at $0.9000. Seed technology group SeedCo Limited gained 1.40% to $4.0000. Trading in the negative was cable manufacturer Cafca that plunged 4.41% to $13.0000, trailed by hotelier RTG that retreated 2.78% to $1.4000. Sugar producer Hippo was 0.10% weaker at $8.1916.  
 
Volume of shares traded increased by 27.17% to 1.20m shares while, turnover rose by 78.09% to $9.24m. Top volume drivers of the day were TNCI and Delta as they claimed a combined 78.95% of the total volume traded. In the turnover category, activity was mainly skewed towards Delta that claimed 82.03% of the total traded. In the ETF category, the Morgan & Co Multi Sector ETF added 0.01% to settle $1.8500 while, the Cass Saddle ETF was stable at $0.1050 as 44,800 units traded in the name. The Tigere REIT garnered 13.64% to $1.7692 with 315,469 units exchanging hands.