EFE Securities •

1 month ago •

Market Commentary

MARKET COMMENTARY 08.05.2026

 RIOZIM highlights the session… 
Mining house RioZim highlighted Friday’s session after a circa 
43m shares worth $30.09m exchanged hands, representing 
34% of the total shares in issue. The trade accounted for 
91.84% of the total volumes traded and 67.71% of the value 
outturn. Delta was the other notable value driver with a 
20.83% contribution. Volumes traded ballooned 23,606.38% 
to 46.84m shares while, turnover surged 5,241.68% to 
$44.44m. The MIZ ETF rose 0.30% to $0.0950 on 500 units 
while, Morgan and Co was stable at $1.6100 on scrappy 2 
units. The Tigere REIT declined 0.84% to $1.1800 on 1.64m 
units worth $1.94m.  
 
Cigarette manufacturer BAT jumped 10.97% to $199.7395 
while, TN Cybertech edged up 7.57% to $0.1105. Agriculture 
concern Ariston put on 6.29% to $0.0685 while, SeedCo 
Limited ticked up 3.95% to $3.9505. First Mutual Holdings 
capped the top five risers of the day on a 1.89% lift to $2.8846. 
Milk processor Dairibord dropped 7.69% to close at $2.4000 
while, Star Africa trimmed 4.14% to $0.0301. Hippo retreated 
1.26% to end pegged at $9.5000 while, construction group 
Masimba shed 0.99% to $3.5642. Beverages concern Delta 
completed the top five gainers’ list on a 0.77% decline to 
$28.0138.  
 
The mainstream All Share Index added 0.08% to close at 
375.15pts while, the ZSE Top Ten Index went up 0.12% to 
372.63pts. The ZSE Agriculture Index improved 2.99% to 
293.211pts while, on the contrary the Mid Cap Index let go 
0.08% to 412.22pts.