EFE Securities •

1 week ago •

Market Commentary

MARKET COMMENT 16.06.2026

ZSE extends losses in penultimate session 
of the week… 
The ZSE market extended losses in the penultimate session of 
the week as the primary All Share Index lost 0.10% to 
361.65pts while, the Blue-Chip Index fell 0.13% to 364.57pts. 
In contrast, the Agriculture Index rose 1.49% to 275.65pts 
while, the Mid Cap Index edged up 0.07% to 374.00pts. ZSE 
Holdings led the laggards of the day on a 13.64% dip to 0.9500, 
followed by Turnall that dropped 9.80% to $0.0902. Milk 
processor Dairibord tumbled 7.14% to close at $2.6000 while, 
Zimre Holdings Limited eased 6.06% to $0.8455. Seed 
producer SeedCo capped the worst performers of the day on 
5.17% retreat to end the day pegged at $3.3900. Trading in the 
positive territory was TSL that shot up 14.52% to $5.5000 
while, TN Cybertech surged 9.09% to $0.0999. Tea producer 
Tanganda stepped up 4.62% to settle at $1.5505 as ART 
charged 2.92% to $0.2470. Beverage giant Delta completed 
the top performers of the day on a 0.01% uplift to end the day 
pegged at $27.0046.  
 
Activity aggregates enhanced in the session as volumes traded 
ballooned 293.76% to 997,400 shares while, turnover grew by 
1815.16% to $15.61m. Delta was the most traded counter in 
today’s session as it contributed 55.17% to the total volume 
traded and 95.22% to the total value traded. Other notable 
volume drivers of the day were Dairibord (19.57%) and 
Nampak (15.35%). Tigere REIT went up 0.54% to end the day 
pegged at $1.0269 after a total of 16,046 units exchanged 
hands in the name. No activity was recorded in the ETF section.