EFE Securities •

3 months ago •

Market Commentary

MARKET COMMENT-21.11.2025

ZSE ends the week in good cheer… 
The market ended the week in good cheer as agriculture and mid-cap counters spurred the overall market gains.  The mainstream All Share Index edged up 0.59% to close at 
220.53pts while, the ZSE Top Ten Index went up 0.10% to 216.15pts. The ZSE Agriculture Index went up 5.00% to end the day at 179.09pts while, the Mid Cap Index was 2.34% higher at 258.13pts. Leading the market charge was BAT and Nampak that gained a similar 15.00% to close at $92.5750 and $0.9200 apiece. Zimre Holdings garnered 14.29% to settle at $0.3200 as Ariston surged 13.06% to $0.0339. Tea company Tanganda jumped 11.79% as it closed the day at $0.7500. Trading in the negative territory was ZSE Holdings that succumbed 13.92% to $1.0641 as FMP followed on a 12.70% decline that took the property company to $1.1000. Star Africa plummeted 10.62% to end pegged at $0.0314 as Mashonaland Holdings lost 1.97% to $0.9803. Retailer OKZIM completed the top five shakers of the day on a 0.66% retreat to $0.1800.  
 
Volume of shares traded ballooned 314.07% to 2.63m while, turnover soared 1,004.74% to $33.07m. Delta was the top traded counter by volume and value claiming 76.73% of the former and 95.13% of the latter. Foreigners were net sellers in the session as sales amounted to $31,291,684.55 were registered while, purchases stood at $339.50. The MIZ ETF was stable at $0.0400 on 8,300 units while, the Cass Saddle ETF was unchanged at $0.1100 on 19 units. The Tigere REIT added 2.96% to trade at $1.6121 as 4.75m units worth circa $7.66m traded.