EFE Securities •

1 day ago •

Market Commentary

MARKET COMMENT -2025-06-06

Masimba anchors turnover… 
Construction group Masimba anchored today’s turnover as 169.90m shares worth $19.97m traded in the session. The trade accounted for 63.44% of the total turnover and 8.23% of the volume aggregate. Fintech group Ecocash was the top volume driver of the day as it claimed 90.85% of the aggregate and 22.24% of the value outturn.  Volume of shares traded ballooned 11595.51% to 187.01m while, turnover surged 920.66% to $89.81m. The Tigere REIT slipped 0.45% to $1.2116 on 413,215 units worth $500,633.80.  
 
First Mutual Holdings jumped 4.72% to settle at $3.8036 as banking group CBZ edged up 2.06% to $6.9782. Seed company SeedCo Limited grew 1.87% to close at $2.7000 where demand could be found. Willdale and Econet gained a similar 0.44% to close at $0.0504 and $3.7021 respectively. Leading the fallers of the day was TSL that dropped 15.00% to $2.0230 trailed by packaging group Nampak that succumbed 12.71% to $0.9598. 
Ecocash Holdings plummeted 9.00% to $0.1175 as spirit and wines maker AFDIS shed 3.56% to $6.7500. Hippo Valley trimmed 2.43% to close the day at $8.0000.  The ZSE All Share Index lost 0.25% to 197.56pts while, ZSE Agriculture Index tumbled 2.42% to 173.98pts. The Mid cap Index parred off 1.81% to 235.68pts while, contrastingly the Blue Chips Index advanced 0.28% to 193.54pts.