EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-16.01.2026

ZSE falters in Friday’s session... 
The market faltered in week-ending session, weighed down   by selected heavies. The primary All Share Index retreated 1.04% to 360.41pts while, the ZSE Top Ten fell 1.18% to 
373.20pts. The ZSE Agriculture Index let go 1.23% to 183.31pts while, the Mid Cap Index shed 0.18% to end at 319.47pts. Trading in the negative territory was ZSE Holdings that succumbed 14.94% to $0.8100 as Zimpapers plummeted 12.10% to $0.0703. Banking group CBZ tumbled 3.71% to $14.4838 while, cigarette maker BAT eased 3.16% to $92.0000. Agriculture concern Ariston put on 2.91% to close the day at $0.0300. Construction group Masimba grew 5.60% to end pegged at $1.9000 while, spirit and wines manufacturer AFDIS gained 5.00% to $9.1452, closing with firm bids at $9.0000. Star Africa ticked up 4.35% to $0.0360 while, Proplastics inched up 4.03% to $1.3264. Completing the top 
five winners of the day was TSL that firmed up 1.79% to $2.8500.   

Volume traded surged 1688.46% to 23.90m shares while, turnover jumped 668.42% to $118.17m. Econet was the top volume and value driver of the day claiming 48.64% and 
96.46% of the aggregate apiece. Ariston was the other notable volume driver of the day after claiming 47.28%of the total. On the ETF front, the Cass Saddle ETF plunged 15.00% to $0.1105 while, on the contrary the Datvest MCS improved 5.00% to $0.0525. The Tigere REIT was up 1.10% to $1.9733 on 2,609 units.