EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENT-30.10.2025

ZSE record marginal gains in penultimate session…                                                                                                                                                                                                The ZSE market recorded marginal gains in the penultimate session of the month. The primary All Share Index rose 0.69% to 210.89pts while, the Blue-Chip Index added 1.05% to 208.52pts. The Agriculture Index put on 0.92% to end at 180.20pts, on the contrary the Mid Cap Index lost 0.64% to 239.46pts. Star Africa headlined the top performers of the day on a 42.32% jump to $0.0396, followed by milk processor Dairibord that edged up 14.98% to $1.7845. Brick maker Willdale surged 14.28% to close at $0.0400 as FMP ticked up 12.41% to $1.1241. Ariston completed the top five risers of the day on a 11.54% lift to end the day pegged at $0.0290. Trading in the negative territory was ART that dropped 14.96% to $0.0699 while, Proplastics eased 8.17% to $1.1020. Tea producer Tanganda declined 5.21% to settle at $0.7018 while, Unifreight trimmed 2.63% to $1.8500. Retailer OKZIM capped the decliners of the day on a 0.002% retreat to $0.2050.

Activity aggregates were depressed in the session as volume traded fell 64.45% to 528,600 shares while, turnover shed 67.82% to $2.06m. Econet was the top traded stock in terms of volume and value after contributing 47.48% to the former and 60.23% to the latter. Other notable value drivers of the day were CBZ (24.79%) and Meikles (5.96%). Morgan & Co Multi sector ETF lost 4.18% to end at $1.9166 as Cass Saddle ETF was stable at $0.1100 on 2,200 units. The Tigere REIT dipped 11.70% to settle at $1.5001 after a hefty 14.33m shares worth $21.49m exchanged hands in the session.