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EFE Securities

8 months ago

Market Commentary

MARKET COMMENT -2025-06-26

ZSE slips in the penultimate session… 
ZSE slipped in penultimate session of the week as the primary All-Share Index parred off 0.32% to 195.30pts while, the BlueChip Index eased 0.07% to 192.42pts. The Agriculture Index retreated 0.21% to 158.32pts while, the Mid Cap fell by 1.10% to 228.68pts. Sugar processor Star Africa led the worst performers of the day having lost 48.25% to end pegged at $0.0260 with Unifreight following on a 15.00% decline to $1.5300. Tanganda shed 4.13% to $0.9203 while, Proplastics trimmed 0.72% to $1.3795. Banking group CBZ capped the top five losers of the day on a 0.58% loss to settle at $7.0000. On the contrary, Mash Holdings headlined the gainers of the day on a 3.29% charge to $1.3000 as RTG trailed on a 0.45% uplift to end pegged at $0.6900. Ecocash Holdings edged up 0.22% to $0.1408 while, First Mutual Properties grew by 0.12% to close at $1.3975. Econet completed the top five performers of the day on a 0.11% lift to $3.8000.  
 
Activity aggregates faltered in the session as volumes traded dipped 22.20% to 2.72m shares while, turnover plunged 62.05% to $10.09m. Econet and NMB drove both the volume and value as they claimed a combined aggregate of 94.50% of the volume and 96.38% of the value. In the ETF category, Datvest MCS fell 3.23% to close at $0.0300 as 10,925 units were traded in the market. The Revitus REIT was stable at $0.6300 as 75 units traded in the session while, the Tigere REIT improved by 0.29% to $1.1732 as 326,334 units exchanged hands.