EFE Securities •

2 months ago •

Market Commentary

MARKET COMMENT-12.12.2025

Econet drags down the ZSE… 
Losses in heavy cap counter Econet weighed on the ZSE to see the Blue-Chip Index declining 3.17% to 256pts. Resultantly, the ZSE All Share Index shed 2.54% to close at 249.59pts.  On the contrary, the Mid Cap Index rose 0.21% to end at 245.94pts while, ZSE Agriculture Index added 0.09% to 185.34pts. Turnall was the top faller of the day as it succumbed 16.67% to $0.1000 while, retailer OKZIM plunged 13.01% to end at $0.1300. Telecoms giant Econet tumbled 11.89% to settle at $6.4686 while, Star Africa retreated 9.65% to $0.0271. Packaging group Nampak slid 4.38% to $0.7650. Trading in the positive was Ariston that jumped 12.42% to $0.0371 as First Mutual Holdings edged up 10.72% to $1.9154. ZSE Holdings inched up 6.25% to end pegged at $0.8500 as First Mutual Properties ticked up 3.79% to $0.8298. Zimre Holdings completed the top five winners of the day on a 0.02% rise to $0.5491.  
 
Volume of shares traded ballooned 110.73% to 3.78m while, turnover surged 753.25% to $55.34m. Delta was the top traded counter by volume and value claiming 71.13% of the 
former and 92.53% of the latter. The other notable volume driver was Econet that accounted for 10.39% of the aggregate. Foreigners were net sellers in the session as inflows amounted to $184,610.00 were registered against outflows of $47,805,382.00. Morgan and Co MCS slipped 0.03% to $1.8495 while, the MIZ ETF was stable at $0.0400 on 2.54m 
units. Cass Saddle ETF was unchanged $0.1050 on 55 units. The Tigere REIT charged 8.98% to $1.2519 while, the Revitus was 8.11% up to $1.3000. Cumulatively, 308,917 units worth $386,721.80 exchanged hands.