EFE Securities •

8 months ago •

Market Commentary

MARKET COMMENT -2025-06-30

ZSE closes month-end session in the positive… 
The ZSE ended the month end session on a positive note to see the mainstream All Share Index adding 0.60% to 197.23pts. The Top 10 Index rose 0.59% to 194.14pts, while the Mid-Cap Index increased 0.65% to 231.64pts. The Agriculture Index shed 0.13% to 231.64pts on the back of losses in Tanganda, SeedCo Limited and TSL. Headlining the gainers list of the day was sugar refiners Star-Africa that surged 53.98% to $0.0400 while, Mashonaland Holdings jumped 7.71% to $1.5778. Proplastics Limited inched up 2.53% to $1.2700, as telecom 
giant Econet charged 1.77% to $3.8978. Completing the top five gainers was Turnall that rose 0.29% to $0.0702. Headlining the laggards of the day was Ecocash Holdings that dropped 10.90% to $0.1250 while, Tanganda fell 2.27% to $0.8995. SeedCo Limited slipped 0.41% to $2.3803, as retailer OK Zimbabwe lost 0.08% to $0.2988. Concluding the shakers of the day was TSL limited that weakened 0.02% to close at $2.1946.  
  
Activity aggregates were mixed as the volumes exchanged ballooned 696.66% to 74.33m shares, while turnover tumbled 72.60% to $22.66m. Driving the volume aggregates in the session was Ecocash Holdings that claimed 96.14% of the total. On the other hand, Ecocash Holdings, Econet and Delta accounted for 98.74% of the turnover. Tigere REIT advanced 2.29% to $1.2000 on 33,374 units while, Cass Saddle ETF shed 0.02% to $0.1500 as 858 units traded.