EFE Securities •

8 months ago •

Market Commentary

MARKET COMMENT -2025-06-27

CBZ and Delta highlights the penultimate trading session… 
CBZ and Delta highlighted the penultimate trading session of the month as 6.24m and 2.78m shares worth $44.94m and $36.98m exchanged hands respectively. The duo accounted for a combined 96.72% of the volume aggregate and 98.95% of turnover. Total volumes traded for the day jumped 242.88% to 9.33m shares while, turnover ballooned 719.58% to $82.69m. No trades were recorded on the ETF section while, the Tigere REIT rose 2.29% to end at $1.2000 on 33,374 units.  Foreign inflows stood at $12,000.00 while, outflows amounted to $49,508,580.00 with CBZ accounting for 94.59% of the disposals. Gainers outnumbered fallers by a count of three to leave the market with a positive breath.  
 
Mashonaland Holdings led the winners of the day on a 12.68% surge that took it to $1.4648. Trailing was General Beltings that  charged 10.00% to end at $0.1100 on scrappy 1,400 shares. Milk processor Dairibord edged up 8.73% to $1.7775 as 775 shares traded in the name. Agriculture concern Ariston notched 7.14% to $0.0429 while, packaging group Nampak advanced 6.07% to close the session at $0.8513. Partially offsetting gains was RTG hotelier that dropped 12.68% to settle at $0.6025. Proplastics followed on a 10.21% slump to $12386 as beverages concern Delta retreated 0.49% to $13.2525 having traded an intra-day low of $13.2500. Banking group Ecocash trimmed 0.38% to $0.1403 while, retailer OKZIM slipped 0.33% to close the day at $0.2990. The mainstream All Share Index grew 0.38% to 196.05pts while, the ZSE Top Ten Index put on 0.30% to 193.01pts. The ZSE agriculture Index rose 0.86% to 159.68pts while, the Mid Cap Index gained 0.64% to 230.14pts.