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EFE Securities

2 weeks ago

Market Commentary

MARKET COMMENT 24.08.2026

ZSE commences new week in gains… 
The market commenced the new week in gains as the 
mainstream All Share Index inched up 0.65% to 478pts while, 
ZSE Top Ten Index rose 0.71% to 480.96pts. The Mid Cap Index 
was 0.39% up at 495.70pts while, ZSE Agriculture Index 
retreated 0.06% to 341.69pts. Mining house RioZim surged 
14.96% to settle at $0.9800 while, Star Africa jumped 9.81% to 
$0.0429. ART enhanced 9.09% to $0.2400 as cable 
manufacturer CAFCA recovered 6.16% to $25.0000. Beverages 
concern Delta improved 1.64% to end the day at $31.4677. 
Agriculture concern Ariston lost 2.00% to settle at $0.0735, 
trailed by TNCI that parred off 1.08% to land at $0.3071. 
Meikles shed 0.96% to end pegged at $2.4325 as tea company 
Tanganda trimmed 0.22% to $4.4900. Seed manufacturer 
SeedCo dropped 0.01% to $5.6395.  The Morgan and Co MIZ 
retreated 1.00% to end at $0.1200 on 2,900 units.