EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-14.01.2026

ZSE takes a breather in mid-week session... 
The ZSE took a breather in mid-week session, weighed down by losses seen in heavy cap Delta. The ZSE Top Ten Index slipped 1.03% to close at 374.99pts. The ZSE Agriculture Index rose 0.27% to 185.38pts while, the Mid-Cap Index improved 0.19% to 316.09pts. ZSE Holdings declined 13.59% to settle at $1.0300 as Delta dropped 2.56% to $29.6456 having traded a low of $28.0000 in the session. Cable manufacturer Cafca slipped 0.76% to end pegged at $13.0000. Zimpapers was the top gainer of the day having surged 14.29% to close at $0.0800, trailing was tea company Tanganda that edged up 3.89% to 40.6233 on scanty 600 shares. Logistics concern Unifreight surged 2.94% to $1.7500 as banking group CBZ grew 2.54% to $15.0225. TN Cybertech capped the top five risers of the day on a 1.45% uplift to $0.1400. Ten counters registered gains while, five were in losses to see the market close with a positive breadth of five.  
 
Volume of shares traded went up 27.39% to 16.06m while, turnover jumped 45.51% to $157.88m. Econet was the top volume and value driver of the day claiming 94.27% of the 
former and 93.92% of the latter. The MIZ ETF improved 5.71% to $0.0740 while, the Datvest MCS added 3.09% to $0.0500. Cumulatively, 226,500 units worth $11,961.00 exchanged hands in the ETF sector. The Tigere REIT succumbed 11.05% to $1.7662 on 14,480 units.