EFE Securities •

2 months ago •

Market Commentary

MARKET COMMENT-10.12.2025

Marginal gains in midweek session… 
The ZSE market recorded marginal gains in midweek session as the mainstream All Share Index rose 0.13% to close at 262.94pts. The ZSE Agriculture Index added 0.84% to 186.42pts while, the Mid Cap Index grew 0.93% to 247.74pts. Contrastingly, the ZSE Top Ten Index retreated 0.05% to close at 272.49pts weighed down by Econet. Banking group NMB charged 10.10% to $5.0000, trailed by TN Cybertech that surged 9.52% to $0.1150. Financial services group ZB edged up 8.43% to $4.5000 as SeedCo Limited rallied 7.80% to $3.8279. ZSE Holdings capped the top five winners of the day on a 2.77% uplift to $0.8536. Proplastics led the shakers of the day after declining 14.46% to $0.8810 while, Willdale shed 5.46% to $0.0533. Econet shed 2.96% to $8.6001 on the back of profit taking while, Ariston eased 0.60% to $0.0330. OK Zimbabwe completed the top five laggards of the day on a 0.02% loss to $0.1494.  
 
Activity aggregates were depressed in the session as reflected in volumes that plummeted 74.70% to 963,300 shares while, turnover tumbled 63.57% to $2.96m. Volume drivers of the day were Proplastics and Econet that claimed 59.78% and 20.73% apiece. Value drivers of the day were Econet (58.03%), Delta (18.95%) and Proplastics (17.14%). The Tigere REIT rose 0.22% to end at $1.1503 on 301,468 units. The Datvest MCS ticked up 0.31% to end pegged at $0.0470 on 600 units.