
EFE Securities •
5 days ago •
Market Commentary
MARKET COMMENT -2025-06-02
ZSE kicks off the new month in gains…
The ZSE market commenced the new month of June in gains as the All-Share Index rose by 1.38% to 199.57pts while, the Blue-Chip Index firmed up 1.78% to 193.18pts. The Mid Cap Index added 0.23% to settle at 246.73pts. Telecommunication giant Econet headlined the gainers of the day on 12.94% jump to end pegged at $3.3595 with Proplastics trailing behind on a 7.93% gain to $1.3750. AFDIS edged up 2.79% to $7.0000 while, beverages giant Delta advanced 0.21% to close at $13.5299. Ok Zimbabwe concluded the top five gainers of the day on a 0.19% lift to settle at $0.3099. Decliners of the day were led by Ecocash Holdings that fell 5.47% to $0.1300 while, Star Africa followed on a 4.66% retreat to finish at $0.0551. Zimpapers capped the losers of the day having lost 2.65% to end pegged at $0.1100.
Activity aggregates were depressed as value traded dipped 97.99% to $5.16m while, volumes traded plummeted 97.31% to 2.63m shares. Proplastics highlighted the session as it claimed 87.58% of the total volume traded and 61.92% of the value traded. Other notable value driver was Delta that claimed 33.88% of the aggregate. The Tigere REIT was stable at $1.2200 as 93,534 units exchanged hands in the session.