EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENT-22.01.2026

ZSE rebounds in the penultimate session of the week... 
The ZSE rebounded in the session as the All-Share Index climbed 0.29% to 365.11pts while, the Blue-Chip Index gained 0.30% to 377.99pts. The ZSE Agriculture Index jumped 5.13% to 195.13pts while, Mid Cap edged up 0.26% to 324.01pts. Leading the gainers of the day was BAT that added 15.00% to close at $110.8800 with Tanganda trailing on a 14.32% rise to end at $0.8000. Dairy producer Dairibord Holdings ticked up 11.06% to $1.7998 while, brick manufacturer Willdale notched up 3.33% to $0.0310. Telecoms giant Econet capped the top five gainers list of the day on a 2.13% uplift to settle at $10.1085. Partially weighing the market was Zimpapers that dropped 12.97% to finish at $0.0612 as Mashonaland Holdings followed on a 8.29% dip to settle at $1.3000. TN Cybertech shed 6.15% to $0.1502 while, beverages manufacturer Delta trimmed 0.41% to $29.8179. Banking group FBC Holdings completed the losers’ list of the day on a 0.20% decline to end pegged at $12.4150. 
 
Activity aggregates were mixed as turnover succumbed 54.22% to $7.88m while, volume traded surged 21.18% to 2.77m shares. TN Cybertech claimed 66.95% of the total 
volume traded. Econet, Delta and SeedCo were the top value drivers as they contributed a combined 92.12% of the total value traded. Tigere REIT fell 5.05% to $1.7489 as 1.24m units exchanged hands.