EFE Securities •

6 months ago •

Market Commentary

MARKET COMMENT -2025-08-27

Econet anchors today’s session…. 

Telecoms giant Econet anchored the session as 48.86m shares worth circa $221.21m exchanged hands. The trades accounted for 92.77% of the total volumes traded and 94.24% of the value outturn. Total volumes traded surged 1879.52% to 52.67m shares while, turnover ballooned 1395.06% to $234.73m. The Tigere REIT inched up 0.01% to $1.1500 on 2,566 units. The Morgan & Co ETF MIZ was stable at $0.0400 on 3,450 units. 
 
Property concern Mashonaland Holdings Limited led the gainers of the day as it firmed up 13.66% to $1.6850, as dairy producer Dairibord jumped 12.14% to $1.8700. Spirit and wines manufacturer AFDIS advanced 7.69% to $7.0000 while, sugar producer Hippo grew 1.89% to $5.8000. Seed Co Limited edged up 0.31% to end pegged at $3.8059. On the other hand, heading the laggards was Turnall that dropped 45.45% to $0.0600 while, tea producer Tanganda plunged 14.16% to $1.0087. Agro-Industrial concern Ariston dipped 6.08% to $0.0376 while, RTG gave up 5.08% to $0.8068. Retailer OKZIM trimmed 2.77% to $0.2030 as it capped the top five idlers of the day.    
 
The mainstream All-Share Index rose 0.21% to 206.41pts while, the Blue-Chip Index put on 0.50% to 203.78pts. The Agriculture Index improved 0.70% to 172.45pts while, on the contrary the Mid-Cap Index slid 0.90% to end at 235.38pts.