EFE Securities •

3 weeks ago •

Market Commentary

MARKET COMMENT-10.02.2026

ZSE maintains a positive impetus… 
The ZSE market maintained a positive momentum in Tuesday’s session as the All-Share Index put on 0.33% to 362.48pts while, the Blue-Chip Index firmed up 0.16% to 373.53pts. The Agriculture Index added 0.07% to 230.20pts while, the Mid Cap Index rose 1.28% to 330.52pts. Logistics group Unifreight headlined the top performers of the day on a 15.00% charge to $2.4265, followed by ZSE Holdings that rebounded 7.11% to $0.7500. Cigarette manufacturer BAT went up 5.81% to close at $204.1700 while, Meikles inched up 3.43% to $3.0000. Seed producer SeedCo capped the top performers of the day on a 1.50% uplift to end the day pegged at $4.6186. Trading in the negative territory was sugar processor Hippo that plunged 14.39% to $7.4500 while, TN Cybertech dropped 2.98% to $0.1125. FBC trimmed 0.54% to settle at $12.3324 while, banking group CBZ Holdings slipped 0.34% to $14.1000. Beverage giant Delta completed the shakers of the day on a 0.11% retreat to end the day pegged at $29.9966. 
 
Activity aggregates were depressed in the session as volumes traded dropped 78.53% to 1.26m shares while, turnover shed 84.97% to $11.06m. Top volume drivers of the day were Dairibord (43.35%), Delta (13.95%) and SeedCo (9.92%). Delta and BAT were the most traded stocks in terms of value after contributing 47.64% and 13.11% respectively. Datvest ETF was the only active ETF in thew session after exchanging 57 units at a flat price of $0.0600. Tigere REIT dipped 1.18% to end the day pegged at $1.6442 as a total of 144,100 units exchanged hands in the session.