EFE Securities •
5 months ago •
Market Commentary
MARKET COMMENT - 12.09.2025
Gains in selected heavies lift the ZSE...
Gains in selected heavies lifted the market in Friday’s session, reversing previous day losses. The primary All Share Index put on 0.15% to close at 208.19pts while, the Blue-Chip Index added 0.13% to 206.05pts. The Mid Cap Index rose 0.20% to 235.34pts while, on the contrary the ZSE Agriculture Index retreated 0.04% to 175.04pts. Leading the rising tide was Zimre Holding Limited which overturned prior session’s losses to record a 11.61% jump to settle at $0.2500. Tea company Tanganda edged up 4.40% to $0.9500 while, spirit and wine manufacturer AFDIS grew 0.70% to $7.1500. Beverages group Delta ticked up 0.60% to end pegged at $13.9819 while, OK Zimbabwe gained 0.20% to $0.2495. Agriculture concern Ariston dipped 22.12% to settle at $0.0305, trailed by ART Corporation that plunged 13.62% to $0.1300. Life assurer Fidelity shed 5.56% to $0.4066 while, Turnall gave up 3.25% to end pegged to $0.0417. Telecommunication giant Econet pared off 0.54% to settle at $4.6005.
Activity aggregates enhanced in the session as reflected in volumes that ballooned 331.87% to 7.37m while, turnover surged 218.58% to $34.16m. Econet and NMB were the top volume and value drivers of the day as the duo claimed a shared 97.69% of the former and 95.01% of the latter. The Tigere REIT slipped 0.86% to $1.1000 as 598,489 units exchanged hands. The Revitus REIT was stable at $0.8900 on 916 units.