EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-27.10.2025

ZSE recovers in Monday’s trades… 
The ZSE market reversed prior sessions’ losses as the All-Share Index rose by 0.14% to close at 206.20pts. The Blue-Chip Index was 0.22% firmer at 202.49pts as its constituents dominated in the top five gainers list of the day. The Agriculture Index was 0.47% higher at 183.72pts while, the Mid Cap was 0.26% up at 241.38pts. Spirits and wines producer Afdis led the gainers of the day as it charged 11.89% to $8.0000 on scrappy 300 shares while, TSL edged up 1.07% to $2.1058. Telecommunications giants Econet added 1.00% to end at a VWAP of $4.7975 where supply could be found while, bankers CBZ ticked up 0.11% to $7.3300. Beverages giant Delta rose by a negligible 0.08% to $14.9316, despite closing firmly bid at $15.0000. Trading in the negative was exchanges operator ZSE that continued to lose ground as it fell by 5.51% to $1.2000 while, property concern Mashonaland Holdings was 3.98% weaker at $0.8500. Seed producer SeedCo International parred off 3.91% to $4.000, followed by sugar refiner Star Africa that succumbed 3.82% to $0.0300 as supply continued to surge in the counter. Zimre Holdings capped the top five worst performers list of the day on a 2.91% decline to $0.1760. 
 
Activity aggregates were mixed in the session as volumes traded rose by 57.37% to 8.52m shares while, turnover fell by 85.23% to $9.65m. In the volume category, activity was mainly confined in Zimre Holdings that contributed 89.53% of the volume traded. Top turnover drivers of the day were Delta and Zimre Holdings that claimed 69.53% and 13.91% of the value traded respectively. The market closed with a negative breadth of six as twelve counters faltered against six that advanced. In the ETF category, the Datvest MCS went up by 0.23% to $0.0400 on scrappy 100 shares. The Tigere REIT dropped 0.26% to settle at $1.7000.