EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-15.01.2026

ZSE reverses previous day’s losses... 
The ZSE market reversed previous day’s losses in mid-month session as the mainstream All Share Index rose 0.79% to 364.21pts.  The Blue Chip Index went up by 0.71% to close at 377.67pts with the ZSE Agriculture Index putting on 0.11% to 185.59pts. The Mid Cap Index was 1.25% firmer at 320.04pts. Star Africa headlined the gainers of the day on a 12.01% charge to $0.0345. Trailing was insurer First Mutual Holdings that edged up 9.38% to $3.5000 as tea company Tanganda grew 5.25% to $0.6561. Packaging group Nampak added 4.51% to end at $0.7316 with beverages group Delta capping the top five risers of the day on a 0.22% uplift to $2,971.0800. ZSE Holdings trimmed 7.54% to $0.9523 while, retailer OKZIM slipped 6.39% to $0.1200 on scrappy 681 shares. Zimre Holdings shed 0.73% to $1.1392 as banking group FBC lost 0.08% to $12.4400.  
 
Activity aggregates were subdued in the session as volume declined 91.68% to 1.34m while, turnover dropped 90.26% to $15.38m. Volume drivers of the day were Econet (47.34%), ZSE Holdings (21.26%) and Delta (18.92%). Delta and Econet claimed a shared 89.20% of the value outturn. The Cass Saddle ETF gained 7.88% to $0.1300 on 12,400 units. The Tigere REIT edged up 12.97% to $1.9953 on 19,575 units.