EFE Securities •

7 months ago •

Market Commentary

MARKET COMMENT -2025-08-05

ZSE closes in the red… 
The ZSE ended Tuesday’s session in the red to see the All-Share Index falling 0.62% to 205.89pts while, the Top Ten Index retreated 0.63% to 200.76pts. The Agriculture Index lost 0.34% to 176.52pts while, the Mid Cap shed 0.59% to 246.03pts. The top contributor to the session’s losses was Ariston Holdings that sank 10.34% to end pegged at $0.0301 with First Mutual Properties trailing on a 9.51% loss to close at $1.4750. ZB Financial Holding parred off 5.86% to $3.0145 while, Mashonaland Holdings dropped 4.27% to $1.6025. Seed Co limited capped the top five losers of the day on a 1.86% decline to land at $3.7000. Partially mitigating today’s losses was ART Corporation Holdings that gained 6.23% to finish at $0.1546 as sugar refiner Star Africa followed on a 1.21% increase to $0.0424. General Beltings edged up 0.33% to close at $0.1000 while, telecoms company Econet added 0.09% to $4.6057. Hippo Valley Estates completed the top five gainers list of the day on a negligible 0.01% lift to end pegged at $6.5005.  
 
Activity aggregates faltered in the session as turnover plunged 42.51% to $5.24m while, volumes traded dipped 6.10% to 1.42m shares. Proplastics, Hippo Valley and Delta drove the volumes traded in the session as the duo claimed 75.94% of the total. Top value divers in the session were Delta (42.20%), Hippo Valley (21.72%), Proplastics (18.48%), and CBZ Holdings (11.07%). The ETF category registered trades as Cass Saddle discarded 3.47% to $0.1250 as 100 units traded while, Morgan & Co Made in Zimbabwe lowered 11.11% to $0.0400 as 200 units exchanged hands. Datvest MCS was stable at $0.0300 as 7,150 units were traded and the Tigere REIT trimmed 1.31% to $1.3059 as 96,326 units were exchanged.