EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-17.10.2025

Econet anchors activity aggregates… 
Econet anchored activity aggregates in the week-ending session as 10.49m shares worth circa $45.55m traded. The telecoms giant’s trade accounted for a gigantic 92.94% of the 
total volumes traded and 92.38% of turnover. The overall volume for the session grew 20.27% to 11.29m while, value outturn dropped 25.61% to $49.31m. The Tigere REIT edged 
up 8.71% to close at $1.8500 on 751 units while, the Revitus REIT retreated 0.03% to settle at $1.1000. No trades were registered in the ETF category.  
 
Gainers of the day were headlined by RTG that garnered 14.96% to close at $1.0490 as Star Africa trailed on a 7.29% jump that took the sugar refiner to $0.0337. Delta charged 
2.09% to settle at $14.4452, having traded a high of $14.6000 in the session. Econet rose 1.58% to settle at $4.3404 as TN Cybertech edged up 0.50% to end the day at $0.1000. On the downside was agriculture concern Ariston that succumbed 19.57% to $0.0220 on scrappy 3,400 shares. First Mutual Holdings followed after a 15.00% tumble to end at $1.1560 as ZSE weakened 14.55% to land at $1.1183. Meikles plummeted 11.25% to set at $3.0000 while, construction group Masimba trimmed 5.41% to close the day at $1.7500. Eight counters gained while, six counters declined to see the market closing with a positive breath of two. The mainstream All Share Index went up 1.26% to close at 200.58pts while, the Blue-Chip Index gained 1.56% to 197.76pts. The Mid Cap Index ticked up 0.18% to 230.23pts while, on the contrary the ZSE Agriculture Index that slipped 0.24% to end at 174.11pts.