EFE Securities •

2 days ago •

Market Commentary

MARKET COMMENT -2025-06-05

Losses persist on the bourse… 
Losses continued to persist on the bourse in Thursday’s session as the All-Share Index fell 0.45% to 198.06pts while, the Agriculture Index retreated 2.08% to 178.30pts. The Mid Cap Index parred off 1.88% to settle at 240.02pts while, on the contrary the Blue-Chip Index rose by 0.03% to 192.99pts. Dragging the market was brick manufacturer Willdale that dropped 16.33% to settle at $0.0502 with TSL following on a 14.99% dip to end pegged at $2.3800. ZB Financial Holdings shed 12.25% to $3.5100 while, FML lost 12.10% to end at 
$3.6322. OK Zimbabwe Limited capped the top five losers of the day on a 1.59% retreat to $0.1300.  Telecoms giant Econet headlined the gainers of the day on a 5.20% jump to end pegged at $3.6861 with Turnall Holdings trailing behind having gained 1.45% to $0.0700. Banking group CBZ edged up 0.40% to $6.8371 while, sugar processor Star Africa grew 0.11% to $0.0502. Seed Co limited capped the top five gainers of the day on a marginal rise of 0.02% to finish at $2.6505  
 
Activity aggregates faltered in the session as turnover dipped 78.03% to $8.80m shares while, volumes plummeted 95.36% to 1.60m shares. Econet and Delta drove both volume and value claiming a combined 93.87% of the former and 98.83% of the latter. In the ETF category, Cass Saddle slipped 1.19% to 
$0.1500 as 633 units were traded in the session while, on the contrary Morgan and Co added 7.77% to close at $2.0368 as 24,588 exchanged hands.  The Tigere REIT rose 0.10% to 
$1.2170 on 36,425 units.