EFE Securities •

5 months ago •

Market Commentary

MARKET COMMENT-30.09.2025

ZSE ends September in marginal gains... 
The ZSE market ended the month of September in marginal gains. The primary All-Share Index grew 0.27% to close at 210.63pts while, the Blue-Chip Index added 0.15% to 206.67pts. The Mid Cap edged up 0.74% to 246.44pts while, on the contrary the Agriculture Index retreated 1.59% to 171.11pts. Brick manufacturer Willdale headlined the gainers’ list of the day on a 63.27% jump to end pegged at $0.0354 as transport and logistics company Unifreight trailed on a 14.99% surge to settle at $2.1820 post release of its HY25 results in which it reported a PAT of ZWG202.36m. TSL Limited notched up 14.97% to $1.5245 while, BAT advanced 8.47% to $117.1515. Zimre Holdings capped the top five risers of the day as it went up 3.98% to close at $0.2386. Trading in the negative was Nampak which lost 14.99% to close at $0.7115 as banking group NMB Holdings followed on a 1.59% retreat to $4.0349. Mashonaland Holdings trimmed 1.53% to $1.4500 while, TN Cybertech parred off 0.81% to $0.1080. FML completed the top five fallers of the day on a 0.34% loss to finish at $2.8900.  
 
Activity aggregates improved in the session as volumes traded ballooned 328.57% to 3.80m shares while, turnover soared 984.27% to $21.97m. NMB was the top volume and value driver claiming 77.19% of the former and 53.87% of the latter. Other notable value drivers of the day were Delta (24.22%), BAT (14.08%) and Econet (7.56%). The Datvest MCS eased 2.43% to $0.0293 while, Morgan & Co multi sector fell 0.50% to $1.9900. The Cass Saddle ETF gave up 0.17% to end at $0.1198. The Tigere REIT added a negligible 0.02% to $1.9990 on 1.98m units while, the Revitus REIT climbed 12.00% to $1.1200 on 500 units.