EFE Securities •

4 months ago •

Market Commentary

MARKET COMMENTR-24.10.2025

Delta anchors activity aggregates… 
Beverages giant Delta anchored the activity aggregates as circa 4.097m shares worth $61.13m exchanged hands. The trade accounted for 75.70% of the total volumes traded and 93.61% of the value outturn. Volume of shares traded ballooned 259.86% to 5.41m while, turnover jumped 701.23% to $65.30m. Foreigners were net sellers of Delta as 4,047,500 shares worth $60,025,394.40 were foreign disposals. The Morgan and Co MIZ ETF charged 11.06% to $0.04000 as the Cass Saddle ETF was stable at $0.1100 on 2,000 units. The Tigere REIT rebounded 13.71% to end at $1.7044 on 68,161 units while, the Revitus REIT was unchanged at $1.2425 on 10,037 units.

Proplastics headlined the positive movers of the day having surged 14.29% to close $1.2000 on scrappy 400 shares. Following was ZSE Holdings that recovered 14.16% to settle at $1.2700 as a mere 100 shares traded in the name while, Hippo rose 9.69% to $7.1300. SeedCo Limited grew 6.98% to $4.1626 having traded an intraday high of $4.2105. Turnall reversed previous day’s losses as it put on 6.70% to end pegged at $0.1260. On the downside was Mashonaland Holdings that dipped 9.44% to settle at $0.8852. Star Africa dropped 7.10% to $0.0312 while, Econet succumbed 4.63% to trade at a VWAP of $4.7498. Cigarette manufacturer BAT declined 4.35% to land at $110.0000 on 100 shares as TSL held the fifth position of the risers’ pack after a 3.09% retreat that took it to $2.0836. The primary All Share Index trimmed 0.35% to close at 205.93pts while, the Blue Chips Index was down 1.43% at 202.05pts. The ZSE Agriculture Index slid 0.24% to end the day at 182.86pts. Contrastingly, the Mid Cap Index added 3.89% to close at 240.75pts.