EFE Securities •

5 months ago •

Market Commentary

MARKET COMMENT-16.09.2025

ZSE rebounds... 
The ZSE rebounded in Tuesday’s session as Mid Cap counters anchored the market. The mainstream All Share Index edged up 0.41% to 208.24pts while, the ZSE Agriculture Index went up 1.14% to 174.69pts. The Mid Cap Index jumped 2.59% to end at 237.69pts. Contrastingly, The ZSE Top Ten Index declined 0.12% to close at 205.60pts. Star Africa headlined the risers of the day on an 87.19% surge to $0.0455. Turnall followed on a 68.31% uplift that took it to $0.0702 while, SeedCo Limited garnered 10.39% to close at $4.2500. Telecoms giant Econet grew 2.10% to $4.7006 while, Delta capped the top five risers of the day on a 0.09% lift to settle at $13.9972. TN Cybertech was the major casualty of the day as it dropped 14.59% to $0.0995, trailing was FMP that succumbed 12.90% to $1.3000. Tanganda shed 4.84% to $0.9040 as Willdale trimmed 2.02% to $0.0300. Insurer FML capped the top five gainers of the day on a 1.66% loss to $2.9501.  
 
Activity aggregates were mixed in the session as volume traded dropped 15.69% to 2.53m shares while, turnover ballooned 256.54% to $11.91m. Econet, Willdale and Delta claimed a combined 88.33% of the volume aggregate. Econet and Delta anchored the value aggregate as the duo claimed 58.55% and 34.80% respectively. Foreign were net sellers in the session as purchases stood at $144,834.55 while, sales amounted to $5,530,968.55. The Tigere REIT notched up 6.73% to $1.1946 as 427,465 units exchanged hands. The Revitus REIT was unchanged at $0.8900 as 1,040 units traded.