EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-12.01.2026

Delta highlights the session… 
Delta highlighted the week opening session as 2.76m shares worth $85.61m exchanged hands in the name. The trade represented 73.31% of the total volume traded and 98.46% of turnover. Star Africa was the other notable volume driver of the day as it claimed 14.39% of the aggregate. Total volume traded declined by 12.95% to see 3.77m shares exchange hands while, turnover dropped 2.38% to $86.95m. The Morgan and Co MIZ went up 14.62% to close at $0.0700 on 26,500 units while, Datvest MCS was stable at $0.0485 on 38,600 units. The Tigere REIT plummeted 13.41% to $1.7268 as 43,500 units exchanged hands. 
 
Tea company Tanganda led the market charge after a 14.91% surge to close at $0.6900. Trailing was SeedCo that garnered 10.53% to $4.5441 as Meikles edged up 10.36% to $2.9467 on scrappy 600 units. Econet Wireless jumped 9.94% to $8.4435 as Proplastics capped the top five winners of the day on a 7.14% lift to $1.5000. ZSE Holdings was the major casualty of the day as it dropped 4.21% to $1.1921 while, banking group CBZ succumbed 2.22% to $14.6667. Retailer OKZIM slipped 1.52% to $0.1282 as FMP shed 0.37% to $0.8867. Star Africa capped the top five risers of the day on a 0.04% retreat to $0.0308. The All-Share Index grew 1.76% to close at 354.12pts while, the ZSE Top Ten Index put on 1.83% to 365.72pts. The ZSE Agriculture Index improved 3.46% to 187.66pts with the Mid Cap Index adding 1.40% to close at 318.87pts.