EFE Securities •

7 months ago •

Market Commentary

MARKET COMMENT 25.07.2025

ZSE breaches the 200pts mark… 
The ZSE market breached the 200pts mark in the week-ending session as it registered a 1.46% rise to 200.70pts. The BlueChip Index grew 1.91% to end at 194.19pts. The ZSE 
Agriculture Index went up 0.24% to 163.57pts while, on the contrary the Mid Cap Index shed 0.10% to close at 246.67pts. Risers and fallers of the day were equally distributed at ten apiece. Winners of the day were led by Econet that garnered 12.23% to close at a vwap of $4.5997, having traded an intraday high of $4.6000. Following was Proplastics that charged 5.79% to settle at $1.4375 as Zimre Holdings Limited edged up 3.43% to $0.2800 on scrappy 4,100 shares. Mashonaland Holdings advanced 2.33% to close at $1.3768 while, Hippo Valley Estates put on 1.36% to settle at $6.2845. Retailer OKZIM succumbed 12.83% to close at $0.1826 while, property concern FMP dropped 9.86% to $1.4700. Star Africa shed 3.96% to $0.0501 as General Beltings trimmed 0.83% to $0.0997. Banking group FBC capped the top five shakers of the day on a 0.38% to $7.6909.  
 
Total volume traded surged 909.28% to 5.85m as turnover ballooned 809.77% to $25.08m. Telecoms giant Econet highlighted Friday’s session as circa 5m shares worth $23.03m   exchanged hands. The trade accounted for 85.52% of the volume aggregates and 91.78% of the total value traded. Foreigners were net sellers in the session as 4,999,600 shares worth $22,930,985.35 exchanged hands in Econet and OK Zimbabwe. The Cass Saddle ETF dropped 13.33% to $0.1300 as 100 units traded in the name. The Tigere REIT eased 1.68% to $1.3764 on 39,301 units worth $54,095.82.