EFE Securities •

3 months ago •

Market Commentary

MARKET COMMENT-26.11.2025

ZSE stretches gains in midweek session… 
ZSE stretched gains in the midweek session to see the All-Share Index rising 0.12% to 224.16pts while, the Blue-Chip Index added 0.66% to 222.49pts. On the contrary, the Agriculture Index retreated 4.39% to 181.35pts while, the Mid Cap Index fell 1.80% to 251.08pts. Mashonaland Holdings headlined the gainers list of the day on a 14.96% jump to settle at $1.3215 with FML Holdings trailing behind on a 14.48% climb to close at $1.3658. Zimre Holdings edged up 13.19% to $0.4720 while, banking group NMB Holdings grew 10.64% to $5.2000. Cable manufacturer CAFCA completed the gainers list of the day as it went up 6.67% to end at $16.0000. Partially weighing down the market was brick manufacturer Willdale that lost 21.79% to finish at $0.0305, followed by agriculture concern Ariston Holdings that trimmed 15.90% to settle  at $0.0252. BAT parred off 15.00% to $98.0000 while, ZSE Holdings shed 13.55% to $0.9942. FMP capped the top five losers of the day on a 4.59 loss to close at $1.0500. 
 
Activity aggregates improved in the session as turnover ballooned 147.17% to $2.02m while, volumes traded heightened 284.23% to 0.74m shares. Volume contributors of the day were Ariston (24.06%), Econet (23.92%), Meikles (18.48%), Willdale (12.69%) and ZSE Holdings (5.95%). Econet, Meikles and Delta drove the value traded as they claimed a combined 89.38% of the total. In the ETF category, Morgan & Co Multi Sector fell 0.54% to $1.8500 on 500 units while, Datvest MCS was stable at $0.0400 as 100 units were traded. The Revitus Reit came off 10.71% to $1.2500 on 180 units while the Tigere Reit lost 12.84% to $1.3054 as 1.05m units exchanged hands in the session.