EFE Securities •
5 months ago •
Market Commentary
MARKET COMMENT-26.09.2025
Market overturns losses...
The ZSE overturned its losses in the week-ending session, spurred by gains in Econet. The Blue Chips Index edged up 0.91% to end at 205.28pts. Contrastingly, the ZSE Top Ten Index retreated 0.47% to 168.25pts while, the Mid Cap Index lost 0.13% to 242.02pts. Turnall was the top gainer of the day as it jumped 13.14% to $0.0530 while, telecoms giant Econet surged 5.90% to $4.8906. Zimre Holdings charged 4.95% to $0.2000 while, banking group NMB put on 1.27% to $4.0000. Brick maker Willdale capped the top five risers of the day as it ticked up 0.42% to settle at $0.0217. Life assurer Fidelity was the worst faller of the day after a 14.89% decline to $0.3460. Star Africa dropped 13.75% to $0.0314 while, retailer OKZIM plunged 12.39% to $0.2103. Mashonaland Holdings shed 4.26% to $1.4169 while, milk processor Dairibord tumbled 1.34% to $1.4302.
Volume of shares traded advanced 44.02% to 1.06m while, turnover soared 65.75% to $5.28m. Volume drivers of the day were Econet, NMB, Delta, TSL and Willdale that claimed a combined 88.28% of the total. Value leaders of the day were Delta (43%), Econet (23.95%) and NMB (18.52%). The Datvest MCS was stable at $0.0300 on 2,600 units. The Tigere REIT slipped 0.67% to $1.8253 while, the Revitus REIT edged up 11.11% to $1.0000. Cumulatively, 82,445 units worth $150,320.10 exchanged hands in the ETF category.