EFE Securities •

5 months ago •

Market Commentary

MARKET COMMENT -2025-09-09

Lacklustre gains on the bourse... 
The market ended the session in marginal gains as Mid Cap counters weighed down the ZSE. The mainstream All Share Index rose 0.04% to end at 208.69pts while, the ZSE Top Ten Index added 0.38% to 207.20pts. Contrastingly, the Mid Cap Index declined 0.53% to 234.60pts while, the ZSE Agriculture Index slipped 0.10% to 175.06pts. Tea company Tanganda led the winners of the day on a 6.86% surge that took it to $0.9250 while, agriculture concern Ariston edged up 6.11% to $0.0394. Star Africa jumped 5.09% to $0.0421 as banking group CBZ ticked up 1.19% to $8.0940. Econet capped the top five gainers of the day on a 0.64% uplift to $4.5895. Turnall was the worst faller of the day after a 17.74% dip to close at $0.0404. Mining House RioZim dropped 14.95% to $0.6825 as brick makers Willdale trimmed 10.00% to $0.0360. TSL eased 4.45% to $2.1495 while, retailer OKZIM retreated 0.96% to $0.2500. 
 
Activity aggregates were mixed as volumes tumbled 14.74% to 2.20m shares while, value outturn ballooned 225.79% to $19.54m. Delta and Econet were the top volume and value divers of the day as the duo claimed a shared 71.51% of the former and 90.88% of the latter. Morgan & Co MCS ETF was unchanged at $2.0000 as a negligible 25 units exchanged hands. The Tigere REIT slid 0.06% to close at $1.1000 as 741,973 units exchanged hands while, 13 units traded in the Revitus REIT at $0.8900.