EFE Securities •

1 week ago •

Monthly Reports

MONTHLY REPORT 08.04.2025

ZSE records marginal gains in March… 
The market reversed prior month’s losses to end March with marginal gains. The primary All Share Index added 0.58% to 205.25pts widening its YTD losses to 5.67%. The Mid Cap Index jumped 11.23% to 250.55pts while, the Agriculture Index was 5.75% up at 183.28pts. On the contrary, the ZSE Top Ten Index trimmed 2.51% to 199.52pts while, the ZSE ETF Index retreated 3.19% to 454.24pts.

Nampak was the top gainer of the day after a 107.48% surge to close the month at $1.1463. Trailing was TSL that charged 41.51% to end the month at $2.4000 while, brick manufacturer Willdale jumped 32.40% to settle at $0.0380. Milk processor Dairibord garnered 25% to settle at $1.8000 while, financial services group ZB advanced 24.99% to 
$5.0000. Seed manufacturer Seed Co Limited soared 23.21% to close at $4.2507, having traded an intra-month high of $4.3000. Property concern FMP rose 19.54% to end at $1.1350 while, agriculture concern CFI was 14.99% up at $5.5230. Retailer OKZIM edged up 14.06% to end pegged at $0.4178 while, Econet capped the top ten risers of the 
month on a 12.44% to close at $3.5057, having traded a high of $4.5000 in the month under review.   Mashonaland Holdings was the worst faller of the month on a 24.06% decline to $1.1011 as First Mutual Holdings dropped 22.73% to close at $3.4000. Tea company Tanganda succumbed 21.60% to end pegged at $1.0200 while, agriculture concern Ariston shed 12.82% to end at $0.0506. Banking group CBZ dropped 9.68% close the month at $7.0000 as Turnall dipped 8.73% to end at $0.0502. Cigarette manufacturer BAT retreated 8.65% to settle at $95.0000 while, Zimre Holdings trimmed 6.90% to $0.2700. Lone miner on the bourse RioZim was amongst the fallers of the month as it slipped 6.78% to $0.9965 while, logistics concern Unifreight capped the top five shakers of the month on a 6.56% loss to $1.8525. Volumes of shares traded tumbled 52.90% to 92.87m anchored by  Star Africa (51%), Econet (20%) and Delta (10%). Value outturn plummeted 51.52% to $245.38m as Delta and Econet anchored the aggregate on respective contributions of 57% and 28%.